The commercial sector continues to see a steady rise in activity and optimism. Plans have also been approved for a €58million retail and commercial development on the corner of Nassau and Dawson Street in Dublin 2.
With demand on the increase for hotel bedrooms and student accommodation bed spaces, activity in the hotel and hospitality sector has witnessed a significant surge in activity. Piling works have commenced to allow for the construction of a €46million student accommodation development in the Point Village, Dublin 1. Main construction work is expected to commence early in Q2 2017 and the development will result in the creation of 970 student bed spaces.
Plans have been approved for a €22million hotel development at the Coombe, Dublin 8. The development proposes the creation of over 230 bedrooms with meeting and conference facilities in a six storey building. Plans have also been approved for an €11million hotel development on Hendrick Street, Dublin 7. The development proposes the creation of 175 guest bedrooms over seven storeys.
Construction activity in the private residential sector remains constant. Work is underway on a €32million residential development in Naas, County Kildare. The overall development site has planning approval for 284 units. Gannon Homes have commenced work on the first phase of a €26million residential development in Swords, County Dublin.
Construction activity in the medical sector has remained constant in the first two months of 2017. BAM was officially appointed as the main contractors for the €950million New Children’s Hospital at St. James’s Hospital Site. The main works are expected to commence on-site in April 2017 with a contract duration of approximately 44 months.
At University College Cork, tenders have been issued to the select list of contractors for the development of a €13million student hub building. Main works are expected to commence in Q2 2017 and take in the region of 15 months to complete.
This project information was accurate on 10th March 2017. For the latest information on these developments, telephone (RoI or NI) 0044 (0) 1 2999 200, e-mail [email protected] or visit www.cisireland.com