North Wall Site chosen for NTMA Headquarters

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The National Treasury Management Agency has chosen a site on Dublin’s North Wall Quay, next to the new headquarters of the Central Bank, as the preferred option for its new headquarters.
The NTMA signalled recently that it was examining moving from its existing offices in the Treasury Building in Grand Canal Street and now looks set to move over the Liffey. The NTMA shortlisted four possible venues, following a recent premises review. It has chosen the North Wall Quay Project Wave site, The Irish Times understands.
Preliminary negotiations with the developer are due to begin shortly to see if an agreement can be reached. If a deal is struck, the NTMA – which also includes Nama, the NDFA and the National Claims Agency – would move to the new premises in late 2018. The Project Wave site, on 2.25 hectares, was sold by Nama last December to a consortium led by Singapore property company Oxley and also including Sean Mulryan’s Ballymore Properties.

expectationlost

subpar wrote: »

The National Treasury Management Agency has chosen a site on Dublin’s North Wall Quay, next to the new headquarters of the Central Bank, as the preferred option for its new headquarters.
The NTMA signalled recently that it was examining moving from its existing offices in the Treasury Building in Grand Canal Street and now looks set to move over the Liffey. The NTMA shortlisted four possible venues, following a recent premises review. It has chosen the North Wall Quay Project Wave site, The Irish Times understands.
Preliminary negotiations with the developer are due to begin shortly to see if an agreement can be reached. If a deal is struck, the NTMA – which also includes Nama, the NDFA and the National Claims Agency – would move to the new premises in late 2018. The Project Wave site, on 2.25 hectares, was sold by Nama last December to a consortium led by Singapore property company Oxley and also including Sean Mulryan’s Ballymore Properties.

yes and http://www.skyscrapercity.com/showthread.php?t=1823305

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Another new office development for the North Docklands announced today at the corner of North Wall Quay and Castleforbes Road.

Nama is to finance an €87 million Grade A office development on the North Wall Quay in the Dublin docklands. The site previously formed part of the development lands held by the now defunct Treasury Holdings near the 3 Arena.
Receiver Declan McDonald of PwC has lodged a planning application for the seven- to nine-storey block containing office space of more than 35,302sq m (380,000sq ft) which will be capable of accommodating 4,000 workers.
Key addition
ABK Architects has designed the building which will have one of the largest single floor plates in Dublin (4,180sq m/45,000sq ft) with the option of subdividing it.
Nama chief executive Brendan McDonagh said the proposed development would be a key addition to Nama’s plan to make the Dublin docklands a better place to invest, create jobs or find a home.
Ronan Corbert of DTZ Sherry FitzGerald, which has been appointed letting agent for the offices, said the delivery of such a significant amount of prime water-fronting space was exactly what Dublin city required as the acute shortage of offices loomed ever larger.
One of the unique selling points of this building would be the size of the floor plates. He said office buildings in Dublin traditionally tended to have relatively small floor plates unlike other international cities such as London and San Francisco where large single divisible floor plates were common.
This latest planning application follows recent proposals submitted to Dublin City Council by Nama-appointed receivers for Ireland’s tallest commercial office building, known as Exo, and the single largest student accommodation block planned for Mayor Street in addition to a strategic north-south street linking North Wall Quay and Sheriff Street.
These developments near the 3 Arena will anchor this part of the North Quays and possibly establish it as one of the gateways into the city.

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Project Wave Granted Planning Permission---- NTMA to move into New Offices in 2018

The development will be completed in three phases.
The first phase, which has now been granted permission by the city planners, involves the construction of two interlinked office blocks of seven and nine storeys - almost 43 metres tall - immediately adjacent to the Central Bank.
The National Treasury Management Agency (NTMA) has earmarked one of the office blocks as the preferred option for its new headquarters.
The agency signalled recently its intention to move from its existing offices in the Treasury Building in Grand Canal Street, and is understood to be in negotiations to move to the Project Wave development.
If a deal is struck, the NTMA - which also includes Nama, the National Development Finance Agency and the National Claims Agency - would move to the new premises in 2018.

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New Hotel for North Docklands


Leading property developer Paddy McKillen is to seek planning permission for
a new 150-bedroom hotel at a former warehouse at North Wall Quay in the Dublin docklands, which he has just bought from Nama.
The warehouse is close to the new headquarters of the Central Bank and at the front of the newly-designated Project Wave site where Singapore developer Oxley has teamed up with Seán Mulryan’s Ballymore to develop 60,000sq m (645,834sq ft) of offices and 200 apartments.
The conversion of the warehouse into a top-class hotel is likely to be viewed as broadening the appeal of the Nama sponsored office/apartment project, which is located in a Strategic Development Zone to allow the promoters to avail of fast-track planning with no third party planning objection.
Cian McMorrow of agents Bannon had initially sought €3.9 million for the red-brick warehouse but after competitive bidding by a range of Irish and overseas developers it was knocked down to Oakmount, a company linked to McKillen, for a figure of about €5 million.
The new owners apparently plan to spend more than €10 million on adding a further four floors to the three-storey building to enable it accommodate about 150 bedrooms.
International developer Hines is also understood to be planning to build a hotel in the north docklands following reports that the city needs an additional 5,000 bedrooms to cater for the fast-expanding tourist and business trades.

JTMan

Where exactly is the warehouse that Paddy has purchased? Cheers.

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It is located on the corner of Castleforbes Road and North Wall Quay