A prime hotel leasing opportunity at one of Dublin’s most prestigious addresses has been brought to market by global real estate advisor, CBRE.
The scheme, which is being developed by Aviva Life & Pensions Ireland DAC, will comprise a seven-storey-over-basement 184-bedroom hotel to include restaurant, bar and commercial space, on Clarendon Street, Dublin 2.
The proposed scheme will also include the refurbishment of four Georgian buildings on South William Street which will comprise commercial use on ground floor and basement and 10 apartment suites on the upper floors.
“This exceptional hotel development presents a fantastic opportunity for astute operators to secure a prime, turnkey development in Dublin’s most sought- after location,” said Alexandra Sheeran, director at CBRE.
“With its unbeatable prestige and potential for innovative design, this project offers the chance for a visionary hotelier to collaborate with the developer and create an incredible hotel in one of the city’s most exclusive areas.”
The development is in Dublin’s Central Business District (CBD) and a short walk from Grand Canal Dock, the International Financial Services Centre (IFSC), Convention Centre Dublin (CCD), 3Arena, Croke Park and the Aviva Stadium.
CBRE said the proposed MetroLink will further enhance the proposed hotel’s accessibility, with the planned St. Stephen’s Green station expected to improve connectivity to Dublin Airport, the city centre and wider transport network, supporting long-term demand from international leisure, corporate and group guests.
The global real estate advisors also believe the Dublin hotel market remains strong as the city benefits from record levels of office take-up by multinationals and booming visitor numbers which will generate considerable future demand for Dublin hotels.
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