July 23, 2014

A large scale planning scheme for the Docklands has been given the go-ahead in response to the growing housing and office crises in the Grand Canal area. The development is reported to include 366,000 square metres of office space and 2,600 residential properties across 22 hectares of land in the North Lotts and Grand Canal Dock under the Docklands Strategic Development Zone (SDZ) planning scheme.

Grand Canal Dock is one of five hubs under the SDZ alongside Spencer Dock, Point Village, Britain Quay and Boland’s Mill. 

The National Asset Management Agency (NAMA), Kennedy-Wilson and Oaktree are among site owners expected to benefit. NAMA is expected to invest more than €2 billion in the Docklands over the coming years in the hopes of improving the standard of the area to the compare with the likes of London’s Canary Wharf. 

Exciting times ahead!