Apartment tower in Sandyford being finished?

This one http://www.irishtimes.com/newspaper/finance/2012/0613/1224317808096.html

I presume it's this: http://www.irishtimes.com/newspaper/finance/2012/0519/1224316352707.html

THE NATIONAL Asset Management Agency is to provide a €10 million loan for the completion of a residential and commercial development at Beacon South Quarter in Sandyford.

...

This includes permission for a change of use of the first floor of the development and part of the second floor and would involve eliminating a permitted creche, community and ancillary restaurant and cafe and replacing with eight apartments.

Certain planned retail units would be removed from the scheme in favour of a creche with an outdoor play area.

Some other retail space would also be removed from the plan and replaced with units for community use. The receiver is also seeking an increase of one metre in the height of the building. Planned office space between the second and ninth floors would be replaced by eight one-bed apartments.

Given that the structure has been skeletal for the best part of half a decade now, would prolonged exposure to the elements not have weakened the building significantly?

Let's not forget the four big freezes and severe floods that have already happened in that time frame.

If it's re-enforced with steel, would rust not have taken hold?

Are "The Comer Group" constructing an exterior finish over a concrete skeleton that has had it's fair share of exposure to mother nature?

I dont know if it was this one, but NAMA sold a partially completed apartment tower in the area for a mere €900k last year.

spacetweek wrote: »

Surprisingly, the concrete structure is able to withstand all that better than you'd think and the steel is buried in the concrete so it's impenetrable.

Agreed,but this assumes that the entire structure was built in accordance with the regulations.....the risk lies in it having been McFeely'd :eek:

malibu4u wrote: »

would some steel not have been exposed to the elements? Or insulation left exposed ?

Ermmm...getting the place actually finished is enough of a challenge,given the nightly cavalcade of vans of various colours which circumnavigate the site...I first thought it was some new form of "Dublin's Unfinished Plaza's by Night" Tour,but it appears the tourists are somewhat more prosaic...;)

Although,I do notice a significantly increased level of Security Presence in the past week,so perhaps they really do mean business this time round ?

grimbergen wrote: »

I'd say the fact that it's completely covered in scaffolding and has a crane overhead that would give the game away! Soory to be facetious, I live nearby and am dying to see this eyesore completed. Hopefully its neighbour gets done soon too

Sorry grimbergen,(is Bergen REALLY that grim ?)...but I was referrring to the renewed activity in the small compound adjacent to the actual building.

You are SO correct though about the eyesore level,at some point somebody needs to make a call on some of these developments countrywide.....and in some cases I would see reverting back to greenfield as a better option ?

Does anybody know when the developments will be finished? and how the new residential apartments will affect market prices of apartments currently in the area?

From IT 01.05.2014......

Construction of apartments in the Beacon South Quarter in Sandyford, south Dublin, has finally been completed, nine years after the scheme was first launched, and almost all of the units have been rented out.
The development, which is also home to a shopping centre and children’s museum, Imaginosity, was launched to great fanfare in 2005, when two-bed apartments were asking between €350,000 and €450,000. When the next phase was launched, in February 2006, 200 apartments were sold within 24 hours, with two-beds creeping up to €470,000. The market then dropped and the unfinished scheme became an eyesore reminder of the country’s shift in fortune.
The developer, Landmark Enterprises, went into receivership in 2010, and a huge tarpaulin, designed to replicate an actual apartment building, was draped over the skeletal structure until Nama agreed to fund its completion in 2012 with a loan of €10.3 million.
Construction started last year and the last part, The Gates development, has now been finished with 82 of its 85 one-, two- and three-bed apartments already rented out. According to Simon Coyle of Mazars, the Nama-appointed receiver, it is achieving rents of about €1,450 to €1,500 for two- bedroom properties in the development.
He said it is the receiver’s view “at the moment” to rent the units, but could foresee a sale in the future, although this would likely be to an industry investor rather than a sell-off of individual properties. No properties have been set aside in The Gates complex for social housing.
In 2011, Nama sold a finished block of 58 apartments in Beacon South to the voluntary housing organisation Clúid.
There has been a number of recent block sales in the area, with property investment fund Hibernia Reit paying €67 million to acquire a bundle of assets, including 213 partly-completed residential units at Wyckham Point in Dundrum.

here you go

http://www.comerproperty.ie/our-developments/the-sentinel-lettings/

the following is from the indo on 17/4/14

The Comers are planning to create 294 live work units in the 14-storey tower and the adjoining building, which would be increased from six to eight storeys.