Global real estate investment company Kennedy Wilson and Cain International, the privately held real estate investment firm, have unveiled plans to build a highly sustainable commercial development at Coopers Cross, Dublin’s newest urban quarter in the North Docks.
The existing joint venture, which will deliver 395,000 ft2 (36,700 m2) of prime Grade A commercial space, will be constructed in a major single-phase contract, which has been agreed with John Sisk & Son to be delivered in 2023.
The development will deliver the largest outdoor public park in the North Docks and some of the most sustainable buildings in Dublin, targeting Platinum level certifications, including LEED, WiredScore, SmartScore and WELL.The buildings will house over 700 cycling spaces, with electric charging points both for e-bikes and all car spaces, further enhancing the development’s green credentials.
Ali Rohan, head of Ireland at Kennedy Wilson Europe, said: 'The last year has seen an acceleration of trends which were already well underway in office delivery.
'Offices are now being designed as amenity rich, efficient, and flexible places where people look forward to working and socialising with colleagues.
'Coopers Cross will deliver all the key elements required to address the changing needs of occupiers and their staff, while providing amenities for the local community to enjoy. We look forward to working with prospective occupiers in what will be one of Dublin’s most sustainable and vibrant mixed-use campuses.'
Designed by Irish architects Henry J Lyons, the office-led blocks will sit across two buildings of 295,000 ft2 and 100,000 ft2 respectively, with the smaller building targeted for delivery by early 2023 and the larger by end of that year.
The buildings will include retail and amenity uses, with up to seven stories over basement level and are designed for maximum efficiency and flexibility, with floorplates ranging from 10,000 sq ft to 46,000 ft2.
Peter Collins, president at Kennedy Wilson Europe, added: 'Kennedy Wilson is celebrating 10 years as a long-term investor in Ireland. We continue to believe in Dublin as a city with outstanding growth prospects, demonstrated by some high-profile job announcements in recent months.
'Its attractive fundamentals of a young, well educated workforce, top educational institutions, and robust foreign direct investment position it as a city of the future, giving us confidence in its long-term growth. We look forward to working with Cain International to deliver the commercial element of Coopers Cross.'
