Hines and the Peterson Group have jointly secured planning permission from the Irish planning authority An Bord Pleanála for the Central Plaza project in Dublin city centre.
The mixed-use development will comprise retail, restaurants and cafés and includes the former Central Bank HQ on Dame Street that will accommodate circa 1,300 new office workers.
Brian Moran, senior managing director of Hines, said: ‘We are delighted An Bord Pleanála has given the go-ahead for the project. With planning permission now granted it means full steam ahead for this exciting city centre project that will accommodate over 1,300 office professionals and create more than 300 new full and part-time retail and hospitality jobs across the five buildings that make up the Central Plaza complex.’
Hines has engaged BNP Paribas as letting agents of the retail and hospitality offerings for Central Plaza which are attracting significant interest from major international and domestic retailers as well as food and beverage operators. Knight Frank is the office agent for the project.
As part of the restoration of the building’s interior, the former Central Bank HQ will provide circa 6,800 m2 of commercial office space across eight floors.
Once completed, Central Plaza is expected to become one of the most dynamic areas in the city centre with the creation of circa 3,060 m2 of retail, restaurants and cafés at street and basement level.