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Premium Rental bids, by competitive tender, are being sought by Knight Frank on behalf of CIE for a substantial city centre development site which adjoins both Connolly Station and the International Financial Services Centre. The site will be offered by way of a Development Agreement subject to an Annual Site Licence Fee followed by the higher of a Premium Rent or an income sharing arrangement with the preferred bidder. The site represents an unrivalled opportunity to develop a landmark scheme in one of the most central and highly accessible locations in Dublin city centre (S.P.P.).
Connolly Station is the country's busiest train station catering for approx. 29,755 passengers per day (Rail Review 2016 – NTA). This significant public transport hub directly connects with the Luas enhancing its accessibility. The subject site is well positioned to capitalise from this resource as it links directly into the station providing integrated public transport links for any proposed development of the site.
The site is offered as follows: Site A extends to approx. 4.85 acres (1.963 hectares) and comprises the existing CIE car park, CIE Group buildings and a section of the existing railway sidings. The site is currently accessed from Sheriff Street Lower and benefits from approx. 200 metres of frontage onto this road. Furthermore, the site also benefits from approx. 125 metres of frontage onto Oriel Street Upper and approx. 60 metres onto Oriel Hall. There will also be an option to develop Site B which extends to approx. 2.00 acres (0.809 hectares) and comprises the airspace above the balance of the railway sidings and existing Dep ...