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This is what Nama's €450m plan for Dublin's docks looks like

The bad bank is part of a consortium backing the major development.

The plan or 76 Sir John Rogerson's Quay The plan for 76 Sir John Rogerson's Quay

DEVELOPERS INCLUDING BAD bank Nama could start building on a €450 million revamp of Dublin’s southern docklands early next year.

A consortium including the state agency, US investment fund Oaktree Capital and Irish developers the Bennett Group have lodged plans with Dublin City Council for the 42,500 sqm office and residential project.

5 Hanover Quay Exterior Outlined The plans for 5 Hanover Quay, on Dublin's Grand Canal

It is the largest lodged for the docks district since it was turned into a “strategic development zone” – opening up the site for fast-track planning permission.

In a statement today, the syndicate said construction on the project could start in the first 3 months of next year subject to council approval.

5 Hanover Quay Entrance The entrance to 5 Hanover Quay

When finished the development would house up to 2,400 works and include 158 apartments.

The project includes the redevelopment of two properties:

  • 76 Sir John Rogerson’s Quay, Dublin 2
  • 5 Hanover Quay, Grand Canal Dock, Dublin 2

Docks The location of the site at 5 Hanover Quay, which is included in the planned development Google Maps Google Maps

The bulk of the development will be at the Hanover Quay site, where 18,000 sqm of office space and 100 apartments, as well as cafés and shops, were planned.

Major US company coming to spot near U2

Meanwhile, the consortium said work was due to start next week on another of its projects at 6-8 Hanover Quay for another 4,600 sqm of office space.

“When completed, the building will accommodate 300 staff in the flagship European headquarters of a major U.S.-based corporation,” it said.

The identity of the multinational would be revealed “in due course”.

6 - 8 Hanover Quay The proposed building at 6-8 Hanover Quay

The site is a few doors down from where U2 recently bought the riverfront studio site where they recorded many of their top-selling albums from the Dublin Docklands Development Authority for €450,000.

Nama chief executive Brendan McDonagh said the latest application built on the progress the agency had made in the docklands area following its plans for Boland’s Mill put forward last week.

Boland's Mill CGI The plans for Boland's Mill Paul Tierney Paul Tierney

He said it was one of 15 sites around the docks in which it had an interest and Nama looked forward to announcing more progress in the district next year.

McDonagh previously told an Oireachtas committee that over 93% of the assets Nama has sold off so far have gone to offshore buyers.

The agency expects to wind up completely by early 2017 and to deliver a profit of up to €500 million when finished.

READ: Mattie McGrath: ‘I could use the C-word about Nama’ >

READ: ‘Nama hotel’ to house homeless Dublin families >

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28 Comments
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    Mute Sean Higgins
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    Aug 7th 2016, 1:24 PM

    They should keep off those porn sites, nothing but trouble………..

    195
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    Mute John Lynch
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    Aug 7th 2016, 1:33 PM

    You seem to be very familiar with those sites!

    53
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    Mute Sean Higgins
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    Aug 7th 2016, 1:34 PM

    I was until I caught a virus……..

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    Mute Jester VonDoom
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    Aug 7th 2016, 1:39 PM

    its those genuine girls in your area who always trick you

    137
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    Mute Tweety McTweeter
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    Aug 7th 2016, 1:44 PM

    Better to get a virus from the promiscuous ladies on your computer than a virus from the promiscuous lady on the street

    99
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    Mute Stephen Brady
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    Aug 7th 2016, 1:59 PM

    Was it blue flu?

    36
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    Mute Alois Irlmaier
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    Aug 7th 2016, 5:16 PM

    I thought the same Sean?

    6
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    Mute Motherofdivinejebus
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    Aug 7th 2016, 7:24 PM

    Roses are red,
    Violets are blue,
    I have Chlamydia,
    now you have too……

    9
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    Mute Paddy Lynn
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    Aug 7th 2016, 8:49 PM

    Swine flu, no?

    7
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    Mute Annette
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    Aug 7th 2016, 1:43 PM

    No point catching the virus, he will get suspended sentence. They need to eliminate it completely.

    156
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    Mute Elma Phudd
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    Aug 7th 2016, 1:52 PM

    The virus had 142 previous infections, but was a mutation from a troubled virus.

    154
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    Mute Ciarán Mac Domhnaill
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    Aug 7th 2016, 7:59 PM

    Hahaha

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    Mute Micheal OLainn
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    Aug 7th 2016, 9:01 PM

    I’m not confident in the integrity of the security of Garda IT systems.

    10
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    Mute Apu Mohammed
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    Aug 7th 2016, 1:32 PM

    Rumour has it the virus refused to start working unless it got a pay rise

    63
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    Mute ray.farrelly
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    Aug 7th 2016, 1:36 PM

    It was the blue flu virus.

    32
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    Mute ijlester
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    Aug 7th 2016, 2:53 PM

    I’ve long suspected that Garda Management have been infected by malware planted by the Government that affects their ability to represent the best interests of the force, and of the public and allows them sit idly by and let their numbers, resources & morale be decimated- telling us all the while that they are adequately resourced.

    51
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    Mute rodrigo detriano
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    Aug 7th 2016, 2:09 PM

    Our police force is unfit for purpose. A shower of scruffy, unwashed money grabbers. A national embarrassment

    41
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    Mute rodrigo detriano
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    Aug 7th 2016, 2:13 PM

    Was in a shop last week, when a female police officer was buying a breakfast roll. Christ her tie was still covered from yolk from her previous roll. Her hair was u kept, trousers looked like she’s slept in them, and her shoes looked like they’d been lying in a big. Disgusting

    34
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    Mute Marty Borgnine
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    Aug 7th 2016, 2:24 PM

    You really are the biggest tool who posts on the Journal. You should invest some of that spare time in learning the English language.

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    Mute rodrigo detriano
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    Aug 7th 2016, 2:32 PM

    Are you one of that disgusting police force Martie?

    20
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    Mute Paul Whyte
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    Aug 7th 2016, 2:45 PM

    Maybe she spent her night dealing with calls from your filthy riff raff housing estate.

    71
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    Mute Nick Allen
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    Aug 7th 2016, 2:48 PM

    Nothing like a girl in uniform, then add a breakfast roll into the equation. Happy Days!

    39
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    Mute rodrigo detriano
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    Aug 7th 2016, 3:13 PM

    God no! I don’t live in a housing estate. I only voice my opinion on the state of our police force. No one can deny how scruffy and uninterested they are! It’s all well and good to be patriotic, but some things have to be said.

    13
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    Mute John Lynch
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    Aug 7th 2016, 7:03 PM

    Dirtbag

    8
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    Mute John Lynch
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    Aug 7th 2016, 7:04 PM

    Waster

    8
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    Mute Motherofdivinejebus
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    Aug 7th 2016, 7:25 PM

    Tell us how you really feel John……..

    6
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    Mute Martin Ryan
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    Aug 7th 2016, 1:53 PM

    Even the computers are infected along with everything else in the AGS

    40
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    Mute twit
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    Aug 7th 2016, 2:54 PM

    So Gardai are claiming they found a Zero day? If so, that is really good cyber Forensics work on their part!

    31
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    Mute Just Himself
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    Aug 7th 2016, 11:30 PM

    I highly doubt it was their detection, more likely something triggered them to bring in a third party to analyse the affected system.

    4
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    Mute Shaun Wright
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    Aug 7th 2016, 2:39 PM

    No doubt there will be rumbles of “well maybe we should update to Win 10″ now that it’s no longer free

    31
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    Mute Seamus Corcoran
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    Aug 7th 2016, 3:12 PM

    You couldn’t update from xp which the gardai use.

    26
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    Mute Just Himself
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    Aug 7th 2016, 11:27 PM

    It wasn’t free for commercial companies to upgrade and if they did upgrade they could be in for some fines if a Microsoft audit ever takes place.

    3
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    Mute Shaun Wright
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    Aug 7th 2016, 2:24 PM

    Good aul An Garda Siochana and their Windows Millennium Edition…what hacker would want to write code to infect their outdated systems

    29
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    Mute AARO-SAURUS
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    Aug 7th 2016, 2:31 PM

    Somebody opening those penis enlargement emails.

    29
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    Mute Ossi Fritsche
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    Aug 7th 2016, 2:07 PM

    How else are the guards supposed to download Taylor Swift, after she deleted from Spotify.

    25
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    Mute Sean Callan
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    Aug 7th 2016, 1:50 PM

    Keep taking the ‘tablets’!!!!

    25
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    Mute Alois Irlmaier
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    Aug 7th 2016, 5:17 PM

    Have the ex TD’s given the tablets back yet?

    11
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    Mute Teene Nyantoon
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    Aug 7th 2016, 1:25 PM

    If you’ve been hacked you’ll never know it. unless the inch hacked are released to the public media.

    14
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    Mute Teene Nyantoon
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    Aug 7th 2016, 2:01 PM

    information*

    8
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    Mute Darach Malone
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    Aug 7th 2016, 5:47 PM

    Probably using free AV software

    14
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    Mute Mindfulirish
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    Aug 7th 2016, 3:44 PM

    They might have found info on ambassadors and politicians selling Irish passports. They may even have people apply and then look after their application.

    11
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    Mute Peter
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    Aug 7th 2016, 4:29 PM

    Garda.ie is being redesigned, finally!

    10
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    Mute €uromancer
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    Aug 7th 2016, 6:17 PM

    With all the Garda cutbacks and underfunding, it’s more ‘Heartbeat’ than PULSE. I’d really hate to think anything bad happened to the Operation Mizen files though..

    8
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    Mute fitzer
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    Aug 7th 2016, 11:18 PM

    Hope pulse doesn’t spit out all those speeding fines, Especially the supers.

    5
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    Mute Joey_Westland
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    Aug 7th 2016, 2:43 PM

    …….

    5
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    Mute Danny Ward
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    Aug 7th 2016, 11:06 PM

    Malwarebytes.

    2
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    Mute stefanovich
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    Aug 8th 2016, 10:57 AM

    Do the guards actually have a clue these days when it comes to computers? I remember back in the day. The internet a playground for the mischievous and the guards barely knew what a computer was.

    1
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    Mute Gerry Fallon
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    Aug 7th 2016, 7:24 PM

    Yeah the virus is called the blue flu!

    1
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