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21/03/2017

BAM Ireland Named Preferred Bidder For Boland Quays Development

BAM Ireland has been appointed the preferred bidder for the construction of the Bolands Quay Development in Dublin.

The Bolands Quay Development Group is a collaboration between property consultants Mark Reynolds & Glenn Cran of Savills Ireland and Cleary McCabe.

The firms have reached a deal, which will see completed office space delivered and it is estimated that approximately 500 construction jobs will be created by the project.

Enabling works, including the demolition of existing silos, restoration of old mill buildings and the piling of foundations, commenced in November 2015 and have recently completed – enabling construction works to begin immediately. The project is funded by Nama and is being built under a single phased development programme.

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Designed by Burke Kennedy Doyle, Bolands Quay will provide three new landmark buildings comprising approximately 36,851 sq. m (approx. 397,000 sq ft) of office, residential, retail and cultural space. In addition, consultants Linesight and Arup have been retained as part of the overall wider development implementation team.

Planning permission for the new development was submitted through Dublin City Council's fast track SDZ planning scheme in December 2014 and permission was granted in July 2015.

Theo Cullinane, BAM Ireland Chief Executive Officer, said: "We are very pleased to have completed this agreement, which will develop this quarter of the thriving Dublin Docklands into an exceptional commercial and residential space. Ireland needs world-class office buildings to attract international investment and BAM is uniquely positioned in terms of experience and expertise to deliver the landmark projects the country needs to compete on the world stage."

(CD/LM)

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