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Point Village Shopping Centre

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  • Moderators, Business & Finance Moderators, Motoring & Transport Moderators, Society & Culture Moderators Posts: 67,670 Mod ✭✭✭✭L1011


    Haven't seen anything since Starbucks opened. Might venture up to Costa to see if there's any movement on the food units up there


  • Registered Users Posts: 708 ✭✭✭LeeroyJ.


    Nothing new, Was in there today, was some works on the Units, not sure if Maintenance or something else .


  • Registered Users Posts: 708 ✭✭✭LeeroyJ.


    Eddie Rockets confirmed it will be around Autumn https://twitter.com/EddieRocketsIRL/status/709777022181056512


  • Registered Users Posts: 708 ✭✭✭LeeroyJ.


    Piano Plus have also started works :)pianos-plus-new-showroom-dublin-docklands.jpg


  • Registered Users Posts: 138 ✭✭here2surf


    Would a burrito bar work there?
    Is there enough lunchtime demand?


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  • Registered Users Posts: 489 ✭✭subpar


    Once the New Central Bank HQ opens at the end of the year with 2000 staff you can expect to see multiple new retail units opening.

    In addition work is about to commence on a new road linking the North Wall Quay and Sheriff St which will open up additional access to the Point Village.


  • Moderators, Business & Finance Moderators, Motoring & Transport Moderators, Society & Culture Moderators Posts: 67,670 Mod ✭✭✭✭L1011


    Some work on the corner unit towards the bus stops in the past few days


  • Registered Users Posts: 489 ✭✭subpar


    Planning Permission Granted for Dublin's Tallest Building to date.


    Plans for Dublin’s tallest office block, a 73m-tall (240ft) building at the Point Village at the northside entrance to the city’s docklands, have been granted permission by Dublin City Council.
    The building, called the Exo in reference to its “exoskeleton” external supporting structure, will be built on the site of what was to be Ireland’s tallest building, Harry Crosbie’s “Watchtower”, which at 120m would have been the same height as the Spire in O’Connell Street.
    The foundations of the Watchtower were laid but it was never built and the site subsequently came under the control of the National Asset Management Agency.
    The €80 million Nama-funded Exo building will be significantly taller than any of the existing docklands offices built in recent years, including the 67m Montevetro building owned by Google on Barrow Street. It will also be almost a third taller than the 1960s Liberty Hall.
    High-rise buildings
    The site is one of the few in Dublin where high-rise buildings are permitted, but the Exo is not the tallest building planned for the docklands. Directly across the river Kennedy Wilson was last October granted permission for Capital Dock, a combined residential and office development at the corner of Sir John Rogerson’s Quay and Britain Quay, which will have a 79m-tall apartment block.
    Joint receivers Stephen Tennant and Paul McCann of Grant Thornton, acting on instruction from Nama, were granted permission for the Exo under the council’s fast-track planning process for the docklands.
    The docklands strategic development zone (SDZ), approved by An Bord Pleanála in 2014, allows property owners secure construction permission from Dublin city planners which cannot be referred to the planning appeals authority.
    Under the SDZ scheme the applicants could have sought permission for a taller building on the Exo site. The scheme allows for a 22-storey (about 88m) building at the Point Village site. The Exo building at 73m will be 17 storeys tall.
    The building, designed by Irish architectural practice Shay Cleary Architects, will have the capacity to accommodate 2,000 workers. It is expected to take about two years to build, with the creation of more than 350 construction jobs.
    Savills and CBRE, joint letting agents for the development, said they expect strong demand for the offices.
    The Exo is just one of several Nama-backed projects planned for the docklands development zone. The State agency has an interest in about 75 per cent of the land governed by the SDZ.


  • Closed Accounts Posts: 22,651 ✭✭✭✭beauf


    Can't shake the impression it feels like someone parking so close to you in a empty carpark that your door can't open.


  • Registered Users Posts: 489 ✭✭subpar


    Latest update regarding Dunnes Stores from the Irish Times --- it would appear that they are dragging their heels on this one.


    Dunnes Stores’ refusal to release €15 million funds allegedly due under a settlement agreement is frustrating the ability to fund continuing works at the Point Village development in Dublin’s docklands, it has been claimed at the Commercial Court.
    The receivers of Point Village Development Ltd (PVDL) have initiated proceedings in a bid to get Dunnes to release the €15 million. Mr Justice Brian McGovern on Monday agreed to fast-track the case in the Commercial Court, the big business division of the High Court.
    The joint receivers, Stephen Tennant and Paul McCann of Grant Thornton, say the dispute needs to be urgently determined.
    In an affidavit on behalf of the receivers, Mr Tennant said they are involved in ongoing work to complete the development of the Point Village Centre.
    Completion was not only for the benefit of Dunnes, which owns a significant unit in the centre, but as part of a broader scheme to regenerate the north docklands and realise assets at best possible value to reduce the indebtedness of Harry Crosbie and PVDL, he said.
    The development and settlement agreements contemplated that consideration would be released to the developer on a phased basis as certain milestones were achieved in order to ensure sufficient cash flow to move to the next stage of development, he said.
    Mr Tennant said, by refusing to release the funds, Dunnes is frustrating the receivers’ ability to fund the continuing works at the Point Village centre.
    A settlement agreement provided the monies would be released once binding agreements for leases were exchanged in relation to seven units in the centre and that the tenant mix would also be discussed with Dunnes,he said.
    Lease agreements have been exchanged in respect of nine of the centre units and PVDL had engaged in prior discussions with Dunnes about the tenant mix in 2014, he said.
    The dispute with Dunnes was having a serious impact on the ability of the receivers to maximise value from the assets as, without an anchor tenant, it was difficult to attract other tenants to the shopping centre, he said.
    The case will return to the court the court on May 30th.


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  • Registered Users Posts: 14,401 ✭✭✭✭cson


    Again, it would amaze me if Dunnes couldn't make that location pay in the medium to long term, especially when the Anglo site is completed.

    Very obviously were locked into an onerous lease agreement and are now digging in to try to get out of it. Very much in keeping with their historical approach to matters of a litigious nature.


  • Closed Accounts Posts: 22,651 ✭✭✭✭beauf


    You only have to look how busy the Aldi/Lidl stores are on east wall rd.


  • Registered Users Posts: 12,564 ✭✭✭✭whiskeyman


    subpar wrote: »
    Planning Permission Granted for Dublin's Tallest Building to date.
    .

    Are there going to be any changes to traffic plans in the area?
    The East Link is already manic at rush hour these days, and worse when a concert on.

    Also, not sure the new building fits in well?
    I really like that open space around the Point:
    http://www.irishtimes.com/business/commercial-property/green-light-for-plan-to-build-dublin-s-tallest-office-block-1.2593827

    image.jpg

    ExoOfficesImpressionDublinFromSavills_large.jpg?width=600&s=bn-727661


  • Registered Users Posts: 489 ✭✭subpar


    Yes , there are plans to alter the traffic flow in the area. Planning permission has been granted for the following road changes and the work will take place this year.

    The roundabout at the entrance / exit of the east link bridge is being removed and the existing entrance for freight vehicles into the port is being at the roundabout is being closed and a new entrance opened at the Upper Sheriff St junction with east wall road.

    In addition a new road is being constructed linking the north wall quay and upper sherrif st. This road will run from the eastern end of the Liffey Trust Building on upper sherrif st all the way out onto the north wall west of the 3 Arena.

    There will be associated road widenings , alterations to traffic signals and bus stops to facilitate the changes.

    Most importantly there will be a new upgraded road crossing at the 3 Arena to improve pedestrian safety.


  • Registered Users Posts: 708 ✭✭✭LeeroyJ.


    [font=Georgia, "Times New Roman", Times, serif]The receivers to the Point Village centre have signed leases with nine tenants since August, including Starbucks, Eddie Rocket s, Pianos Plus, ecigarette retailer Kix, restaurant operator Martino s, and the Boston Barber.[/font]

    [font=Georgia, "Times New Roman", Times, serif]Bit of news [/font][font=Georgia, Times New Roman, Times, serif]http://www.thesundaytimes.co.uk/sto/news/ireland/Business/article1689400.ece[/font]


  • Registered Users Posts: 5,201 ✭✭✭ongarboy


    An e-cigarette retailer doesn't exactly inspire confidence as to the quality of tenants that are moving in. I tag them along with cash for gold, mobile phone covers and hair extension shops. Dunnes are really messing up the potential of that centre with the years long litigation. Now that the new EXO high rise, student accommodation and the various office and apartment schemes all the way down to the Convention centre are starting to see the light of day as regards construction and planning approval, surely it would be in Dunnes interest to forward plan an opening for the exploding working, living and socialising population that will be there in the next few years? Or at least hand it over to another supermarket multiple to do it.


  • Registered Users Posts: 708 ✭✭✭LeeroyJ.


    Construction of the new road has started in the last couple of days next to the Three arena and Gibson Hotel.
    It seems like Dunnes Stores is still refusing to Move into the Point Village http://www.irishtimes.com/news/crime-and-law/courts/high-court/harry-crosbie-loses-appeal-over-77-million-nama-debt-1.2698113

    Wonder how this will affect the confirmed outlets in the centre.


  • Registered Users Posts: 299 ✭✭cardinal tetra


    what are dunnes holding out for exactly?


  • Registered Users Posts: 190 ✭✭blue_blue


    what are dunnes holding out for exactly?

    A hero.


  • Registered Users Posts: 299 ✭✭cardinal tetra


    blue_blue wrote: »
    A hero.

    so it should be resolved by the end of the night?


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  • Registered Users Posts: 489 ✭✭subpar


    Major Fintech Company employing 250 to move into Castleforbes House. This has to be a very positive development for enticing additional retail units to open up in the Castlleforbes / Point Village area.

    [font=Georgia, "Times New Roman", Times, serif]Irish fintech company Fenergo is to relocate from Dublin s Ormond Quay to the considerably larger Castleforbes House in the northside docklands.[/font]
    [font=Georgia, "Times New Roman", Times, serif]The company s 250 Irish-based staff will have the use of 1,850sq m (20,000sq ft) to service major financial companies including Bank of Montreal, ICBCStandard Bank, SMBC Nikko, Scotiabank and BVVA. Fenergo was founded in 2009 and six years later the New York-based private equity firm InsightPartners acquired a major stake in the business. The rent will be around 26 per sq ft.[/font]
    [font=Georgia, "Times New Roman", Times, serif]Daniel Shannon of Knight Frank advised Fenergo and Keith O Neill from BNP Paribas Real Estate advised the landlord.[/font]


  • Moderators, Business & Finance Moderators, Motoring & Transport Moderators, Society & Culture Moderators Posts: 67,670 Mod ✭✭✭✭L1011


    May have a full canteen like yahoo and not drive any sales as a result. Their former sister company in Eastpoint doesn't though.

    Spar Castleforbes already can't cope with lunch demand or during the builders morning break


  • Closed Accounts Posts: 1,887 ✭✭✭traprunner


    There are a number of empty units around the Castleforbes area that are being advertised to restaurants/cafés so maybe a few new options will pop up for lunch.


  • Closed Accounts Posts: 22,651 ✭✭✭✭beauf


    what are dunnes holding out for exactly?

    I guess they don't think they would have enough trade in that location.


  • Closed Accounts Posts: 22,651 ✭✭✭✭beauf


    L1011 wrote: »
    May have a full canteen like yahoo and not drive any sales as a result. Their former sister company in Eastpoint doesn't though.

    Spar Castleforbes already can't cope with lunch demand or during the builders morning break

    Theres also Lolly and Cooks "hatch" around the corner in the The Liffey Trust Enterprise Centre, Mayors Square is 10 mins walk, as is Ringsend with a lot of options. You can also use Dublin bikes to get places quicker, further.


  • Closed Accounts Posts: 1,887 ✭✭✭traprunner


    beauf wrote: »
    Theres also Lolly and Cooks "hatch" around the corner in the The Liffey Trust Enterprise Centre, Mayors Square is 10 mins walk, as is Ringsend with a lot of options. You can also use Dublin bikes to get places quicker, further.

    I thought that the Liffey Trust Lolly and Cooks was just a food preparation unit for their other stores. Can you buy from it?


  • Closed Accounts Posts: 22,651 ✭✭✭✭beauf


    Yes they have a hatch to get bits and bobs. Not sure of the hours. Doing that a good few months now.


  • Moderators, Business & Finance Moderators, Motoring & Transport Moderators, Society & Culture Moderators Posts: 67,670 Mod ✭✭✭✭L1011


    beauf wrote: »
    Theres also Lolly and Cooks "hatch" around the corner in the The Liffey Trust Enterprise Centre, Mayors Square is 10 mins walk, as is Ringsend with a lot of options. You can also use Dublin bikes to get places quicker, further.

    I'm fully aware of the options, having suffered all of them for too long.

    The nearest DB stand is a considerable distance away. If you are short on time absolutely none of the further options are any use, so you've Spar, Lolly & Cooks, Starbucks and the worst stocked Costa in the known universe. All bar Spar have very fixed options available on a given day/season in Starbucks case.

    Green Room takes too long to get served, Gibson longer again.


  • Closed Accounts Posts: 1,887 ✭✭✭traprunner


    L1011 wrote: »
    The nearest DB stand is a considerable distance away.

    The nearest DB stand is a 3 minute walk from the Point Village and a 3 minute walk from Spar. That is not a considerable distance!


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  • Registered Users Posts: 299 ✭✭cardinal tetra


    It's also serviced by the luas and 1y separate bus routes.

    This all just seems like a nonsense. Where do you want to get to? Supermacs ????


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