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02/12/2013

DLHC Seeks Interest From Developers In St Michael's Pier

Dún Laoghaire Harbour Company (DLHC) is commencing a process of market research with potential developers in relation to the development of a 3.24 hectare site on the harbour at St Michael's Pier.

In November, the Harbour Company placed a notice in EU-Tenders indicating an intention to seek a developer for a mixed-use scheme at the current ferry terminal site. Developers interested in being considered for the market research have until this evening (02.12.13) to submit their interest.

After the deadline, the market research will commence and DLHC has instructed RSM FGS Asset Management and Lisney to undertake this work.

The kind of development – outlined in the Masterplan for the Dún Laoghaire Harbour – is likely to comprise mixed-uses of residential/hotel, leisure, food and beverage, enterprise and retail; as well as associated car-parking and marine activity uses. The opening up of the pier-side as a public area and strengthened connectivity with the town are central to the concept which in turn is a key component of the overall Masterplan for the Harbour.

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Speaking about the market research for the development of St Michael's Pier, Chief Executive of Dún Laoghaire Harbour Company, Gerry Dunne said: "The process is the first phase of our work in the redevelopment of St Michael's Pier. We are conscious of the need to test the appetite and viability of the development before any costs are incurred in entering a public consultation and development phase.

"Dún Laoghaire has really suffered from the economic downturn and the planned developments at the harbour offer some optimism to the commercial, community and social interests in the area. I would hope that through market-engagement on St Michael's, we will get a clear sense of the appetite and interest among developers in transforming this part of the harbour.

"Already, the Harbour Company has advanced plans for an outdoor bathing facility, as well as a cruise facility to facilitate second generation cruise-liners. We have also advanced our plans for developing a diaspora centre at Carlisle Pier. These initiatives will breathe new life into Dún Laoghaire and highlight the beauty and the value the harbour offers to the wider community."

(CD/JP)

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