Hello, St. Patrick: Oxley emerges as preferred bidder for 2.35ha commercial site in Dublin

This could well be a four-leaf clover.

Homegrown lifestyle property developer, Oxley Holdings Limited has emerged as the preferred bidder of a 2.35 hectare commercial site at 72-80 North Wall Quay in Dublin, next to the proposed new headquarters of the Central Bank of Ireland.

According to a media release, should the company win the tender, it will proceed to acquire a long leasehold interest with the right to develop, manage and realise the site.

The North Wall Quay site is located within Block 8 of the Docklands Strategic Development Zone (SDZ) Planning Scheme and has been designated under the SDZ as a block with a focus on employment. The site has potential to accommodate in excess of 60,000 sq m (645,000 sq ft) of Grade A office space with capacity for up to 5,500 employees, and over 200 apartments. The proposed development is expected to make a major contribution to addressing the shortage of high-quality Grade A office space in Dublin central business area.

Mr Ching Chiat Kwong, Chairman & CEO of Oxley, said, “This is the first venture for Oxley in Ireland. We are delighted by the opportunity to invest in Ireland and to deliver a top quality commercial and residential development in Dublin.”