THE CHANCERY

3/10 CHANCERY LANE, DUBLIN 8

Local developments

In the immediate vicinity, there has been and continues to be significant investment and development activity. Some recent noteworthy transactions and pipeline investments and developments in the area include:

LE POLE SQUARE

Directly opposite The Chancery Building, there is a new commercial development under construction, called Le  Pole Square. A new street link that will link Golden Lane with Great Ship Street and Dublin, will be created as part of this scheme. To the north of the new square will be One Le Pole Square, a new Grade A Office block which will on completion extend to 10,521 sq.m. To the south of the square will be a 91-bed extension to the existing Radisson Blu Hotel including a gym and retail units.

CITIZEN M HOTEL

Previously used as an office block, the Sam Stephenson’s designed Molyneux House has been granted planning permission for Dublin’s first Citizen M Hotel. The 247-bed hotel development will consist of approx. 8,000 sq.m covering a total site area of approx. 0.5 acres. It’s reported that ‘the development would contribute €21 million to the Dublin economy per annum when operational, provide 176 jobs and support 367 jobs during construction’.

CAMDEN YARD

The former DIT Kevin Street Campus is situated just 500m from The Chancery Building, and at 3.75 acres, The former DIT Kevin Street Campus is one of the most prominent development projects underway at present. Works have begun to provide a fantastic mixed-use development consisting of approx. 58,764 sq.m. of office accommodation and 299 build-to-rent apartments. The scheme is estimated to have a gross development value in the order of €475 million.

Newmarket Square – Development is at an advanced stage on the Bain Capital-backed €100m Newmarket Square development. The project consists of 29,570 sq.m. mixed use development, comprising of 413 build-to-rent apartments and a 151-bedroom hotel operated by the Premier Inn. Other prominent developments in Newmarket Square include the Aloft Hotel, the Teeling Whiskey Distillery, The Dublin Liberties Distillery, The Eight Building and two large student accommodation developments known as the Mill and the Tannery, operated by GSA. 

Former DIT Aungier Street Campus – A 5-minute walk from The Chancery Building is a 2.5 acres site with the potential to deliver in excess of 45,000 sq.m. of mixed-use accommodation. With the huge success of the DIT Kevin Street sale, once re-launched to the open market this opportunity is bound to attract significant interest from investors and developers, due to its variety of potential uses and development options.