PLANS HAVE BEEN unveiled for a new five-storey office block on Dublin’s Baggot Street, which is being built at a cost of €18m.
The 19,200-sq. ft. ‘Lumen’ building, which is currently being developed by Burlington Real Estate, will come with an illuminated facade and views over the south city centre when complete.
Its highlights include a third-floor urban terrace, which letting agent Savills says provides a “tranquil outdoor setting” across 2,500 sq. ft.
The building will also contain dedicated showers, lockers, changing facilities, secure bicycle parking and parking spaces.
Tenants are now being sought for the building, which will be complete in approximately 15 months, and the agents are quoting a rent of €55 per sq. ft.
Savills’ David O’Malley said the company expects strong interest in the building, given that demand for office space is at an all-time high in Dublin.
He added: “Baggot Street is a proven office headquarter location and Lumen has been designed to provide a flexible workspace with an excellent specification and market leading tenant amenities.”
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