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Grand Canal Residences

  • 05-01-2010 3:04pm
    #1
    Registered Users, Registered Users 2 Posts: 173 ✭✭


    Hi everyone,

    I was just wondering if anyone knows what's going on with Grand Canal Residences? They're the apartments beside the new five star hotel on Grand Canal Square. There doesn't seem to have been any building activity there for a while and they're just sitting idle.

    Thanks in advance! :D


Comments

  • Registered Users, Registered Users 2 Posts: 78,574 ✭✭✭✭Victor


    Maybe they jsut aren't selling and the developer can't afford to proceed given the recession, the banking crisis and the downturn in construction?


  • Registered Users, Registered Users 2 Posts: 173 ✭✭thunderbolt


    I'd say you're right Victor. It's a shame because I was/am interested in buying there. Took a walk around there a few months ago and it nearly looks finished. Wonder if anyone knows who the developer is? I couldn't find it anywhere on the net.


  • Registered Users, Registered Users 2 Posts: 638 ✭✭✭Rusty Cogs 08


    The hotel itself was ready at the end of '08 and it hasn't opened yet and looks in no mood to do so. I wouldn't hold your breath for the apartments but maybe the opening of the Theatre (March) will help give the area a push ?


  • Registered Users, Registered Users 2 Posts: 173 ✭✭thunderbolt


    The hotel was ready that early!? I would imagine that if the hotel was to open soon that the adjoining apartments would also be finished. Shame, it's a really nice part of town. They may be sitting there idle for a year or two yet :mad: Does anyone know the name of the developer?


  • Registered Users, Registered Users 2 Posts: 79 ✭✭japjap


    Is this the same hotel (see email below)? If so it's open...

    From: Sarah Keating [mailto:SarahKeating@GrandCanalhotel.com]
    Subject: Grand Canal Hotel 'Stranded' Offer

    Stranded or stuck in Dublin this evening? The Grand Canal Hotel are happy to offer you a special one off 'Stranded' offer for today only.

    €59.00

    Including
    Executive Room *subject to availability
    Free Car Parking
    Complimentary Wi-Fi
    Free In-Room Movies
    Full Irish Breakfast

    This rate is subject to availability and based on single occupancy. Double occupancy €69.00.

    Please contact Reservations on 01 646 1000 and quote 'Stranded'!


    Sarah Keating
    Corporate Sales Executive |Grand Canal Hotel
    phone +353 (0)1 646 1000 | direct +353 (0)1 230 9631 | mobile + 353 (0)87 7441474 | fax +353 (0)1 646 1001
    Grand Canal Hotel | Grand Canal Street | Dublin 4 | Ireland
    sarahkeating@grandcanalhotel.com | www.grandcanalhotel.com


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  • Registered Users, Registered Users 2 Posts: 173 ✭✭thunderbolt


    No, don't think that's it. The new one is a five star and that's a three star.


  • Registered Users, Registered Users 2 Posts: 173 ✭✭thunderbolt


    Anyone know who the developer is? I tried finding out but my search turned up nothing :mad:


  • Registered Users, Registered Users 2 Posts: 173 ✭✭thunderbolt


    Bump!

    Anyone with any more info?

    Thanks! :D


  • Registered Users, Registered Users 2 Posts: 9,815 ✭✭✭antoinolachtnai


    Did you try checking the planning permission? Ringing the DDDA?

    I would suspect that that hotel will open when the national conference centre does.


  • Registered Users, Registered Users 2 Posts: 4,260 ✭✭✭jdivision


    There was a legal dispute between the developer and the contractor over payment. Don't think it was resolved.


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  • Registered Users, Registered Users 2 Posts: 173 ✭✭thunderbolt


    Anyone have any updates? Would this be the type of property taken over by NAMA?


  • Closed Accounts Posts: 13,992 ✭✭✭✭gurramok


    Which ones Thunderbolt?

    Gallery Quay(which I doubt) or the ones across the road from the new theatre(Misery Hill) or the ones across from the Ely pub fronting onto Forbes st(nearly the same street)?


  • Registered Users, Registered Users 2 Posts: 179 ✭✭xabi_a


    My understanding was that those apartments (which are beside the unopened 5-star hotel) were to be some sort of corporate let apartments. They don't seem to be standard apartments anyway because they have no proper balconies.

    The whole development (hotel and associated apartments) came to a halt about a year ago, I'm assuming simply because of the downturn. It looks like they're pretty much built.

    Hopefully when the National Convention Centre opens that will kick things off again in the area.


  • Registered Users, Registered Users 2 Posts: 173 ✭✭thunderbolt


    gurramok - Grand Canal Residences (which the post is about LOL) :D

    Thanks xabi_a. I don't think they're corporate apartments though as they were supposed to go on the Affordable Housing list before the downturn. And the design is a bit odd also, no balconies! Just panes of protective glass to stop you from falling out!


  • Closed Accounts Posts: 13,992 ✭✭✭✭gurramok


    gurramok - Grand Canal Residences (which the post is about LOL) :D

    I didn't spot the name you say on that building you are talking about, maybe i'll have a gander next time i'm over there.


  • Closed Accounts Posts: 1 yukus


    Hi,

    They put those apartments on the market a few months back, but I've heard they can't sell those apartments and buyers are asking for their deposit back.

    Yukus


  • Registered Users, Registered Users 2 Posts: 1 pictionary


    Does anyone know if the water damage has been fixed in these apartments? A friend of one of my work colleagues had paid a deposit but there was a problem with the roof of the building leaking and causing damage to the apartments. I went to see the apartments for rent attached to the new hotel and there was leaking problems in the basement too. Is anyone living there could let me know what the situation is as I would like to rent in that building?


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