5 Earlsfort Terrace – the former headquarters of leading Irish law firm Arthur Cox – is undergoing a €20 million refurbishment which will provide 66,000 sq. ft. of Grade A office space. Upon completion in mid-2018, the building will accommodate up to 750 office workers across its 7 floors. 200 construction jobs will be created in the process.
Refurbishment works will include the addition of two new floors – featuring new 2.7 metre floor-to-ceiling heights. Internally, the building will be completely modernised and delivered to LEED Platinum standards. New features will include 3 new high-speed lifts, generous provision of showers, lockers and changing rooms – in addition to 50 car
park spaces and space for 70 bicycles at basement level.
Externally, the building will retain its distinctive mirrored façade and will see the redevelopment of the plaza fronting onto Earlsfort Terrace. Designed by award winning landscape architect, Robert Townshend, ‘The Earlsfort Plaza’ – frames views of the iconic National Concert Hall directly across the road. This vibrant new urban space will provide a public amenity for occupiers and visitors alike.
5 Earlsfort Terrace is situated in the heard of Dublin’s central business district overlooking the iconic National Concert Hall and adjacent to the Five Star Conrad Hotel. The location is central to all of Dublin city’s amenities and transport links with the LUAS light rail system accessible nearby at St Stephen’s Green, providing access to the
North City, Docklands and the South & West suburbs. Commuters can access an abundance of Dublin Bus routes serving all parts of the city along with Dublin bikes on the doorstep. The DART and mainline rail are nearby at Pearse Street Station.
IPUT Chief Executive, Niall Gaffney, said:
We are pleased to announce a significant investment in the refurbishment of one of Dublin’s landmark office buildings. Our investment in 5 Earlsfort Terrace, together with our partner, Cashel Fund plc reflects our strategy of consistently regenerating our existing portfolio and setting the standard for office buildings in Dublin’s core business district. The investment follows on from our investment in 10 and 40 Molesworth Street, both of which have been successfully redeveloped with lettings well underway.
Andrew Cunningham, Director of Offices at Savills Ireland comments:
5 Earlsfort Terrace says it all. This is a unique opportunity to obtain 5 Star, headquarter quality office space with a stand out address just off Stephen’s Green. This eye catching building will overlook the new Robert Townshend designed plaza, the National Concert Hall beyond and the adjacent 5 Star Conrad Hilton.
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