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Former DIT Campus, Kevin Street Lower, Dublin 8

Price on Application
Development Land For Sale | 3.57 acres (1.44 hectares).
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Overview

Property Description:

Sole Agents Knight Frank, on behalf of Technological University Dublin (formerly DIT), Grangegorman Development Agency and their property advisors Duff & Phelps Ireland Ltd, are delighted to offer to the market an exceptional City Centre mixed-use redevelopment opportunity.

This substantial site, extending to approximately 3.57 acres, represents an exemplary mixed-use redevelopment site and affords an incoming purchaser the opportunity to acquire a trophy asset within 300m of St Stephen's Green.

The property, formerly known as the DIT Kevin Street Campus, comprises a collection of educational/office buildings, extending to a total floor area of approximately 22,000 sq.m. and ranging in height from two to six storeys over basement level.

The site occupies a prominent, high-profile position with in excess of 110m of frontage to Kevin Street Lower and is also bounded by Camden Row to the south, St. Kevin's Park to the south-east, Liberty Lane to the east and New Bride Street and residential dwellings to the west. The site also benefits from existing vehicular access points to Kevin Street Lower, Camden Row, Liberty Lane and Church Lane South.

The site is situated in a highly accessible location and benefits from excellent public transport links with the St. Stephen's Green Luas stop within 400 metres and multiple city/regional bus routes on Kevin Street and Wexford Street. Furthermore, there is a Dublin Bike station situated directly opposite the site on Kevin Street while Tara Street Rail Station, which provides DART and regional rail services is also within 20 minutes walk.

The site is zoned Objective Z5 - City Centre under the Dublin City Development Plan 2016-22, i.e. "To consolidate and facilitate the development of the central area, and to identify, reinforce, strengthen and protect its civic design character and dignity".

The recent introduction of the Urban Development and Building Heights Guidelines for Planning Authorities supersedes the maximum building heights outlined in Local Authority's statutory development plans and allows for sites to be assessed on a case-by-case basis. Given its significant scale and central location, the subject property presents superb redevelopment potential to achieve increased height on site (S.P.P.).

O'Mahony Pike Feasibility Studies identify the potential to provide for mixed-use Office/Residential schemes with GIAs ranging from 51,285 sq.m. - 53,676 sq.m. on site (S.P.P.).

Further information in relation to the property is available via the dedicated property website and data room which can be accessed via www.kevinstreetdublin.com

Contact: Evan Lonergan / James Meagher / Kieran Bray

Daft Property Shortcode:

https://www.daft.ie/5847313

Date Entered/Renewed:

18/6/2019 (today, 16 hours ago)

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Address:

Former DIT Campus, Kevin Street Lower, Dublin 8, South Dublin City

Public transport routes that service Dublin 8:

  • Bus: 51B

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Evan Lonergan

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