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property magazine
Former U2 warehouse set for revamp: 5 things to know in property this week
Plus Ireland’s hosepipe ban could continue.
NEWS TRAVELS FAST – and one market that’s often racing ahead, is property. In this respect, every week, we do our best to give you a lowdown on the latest goings on, so you can make informed decisions before setting foot on that ladder.
From rock star spaces being turned into offices to the possibility of the hosepipe ban continuing, here’s our edit of what could be affecting homeowners and house-hunters across the country, right now.
1. From rocking out to clocking in – space formerly owned by U2 set for refurb
A warehouse in Dublin’s docklands that was once owned by U2 will be transformed into an office building following Dublin City Council’s approval this week.
The project at 30-32 Sir John Rogerson’s Quay will see the Victorian warehouse turned into offices with a “glass box” design as well as a ground floor restaurant.
2. Hosepipe ban extension could be on the cards
Irish Water have not yet decided whether the ongoing hosepipe ban will be extended beyond 31 July.
The ban lasts until midnight on 31 July, after the unexpected warm weather left water sources depleted across the country.
3. A new hotel chain is moving to the capital
EasyHotel, owned by EasyGroup (who also own EasyJet airlines) is making its first move in the Dublin market, having snapped up a freehold site in Dublin city centre.
The chain has acquired a site near Smithfield on the corner of Benburb Street and Wood Lane that’s set for a possible 130-bedroom hotel.
4. 19th century jail to become Sligo’s newest tourist hot spot?
A community group in Sligo wants to turn Sligo Gaol into tourism attraction for the region in the west.
With help of consultants, Friends of Sligo Gaol want to carry out a feasibility study and assess the possibility of opening it up to the public.
5. Housing minister defends plans for 470 new homes
Eoin Murphy has had to defend plans to regenerate St Michael’s Estate in Inchicore after they were unveiled this week.
Murphy’s own party colleague, junior minister Catherine Byrne, said that the plan “looked like overdevelopment” and called the plan a “bad day for the community”.
