The Opportunity

The property comprises a site of approximately 2.67 hectares (6.61 acres). The lands are partially occupied by commercial buildings relating to its former use.

The lands which benefit from approximately 325m frontage to Howth Road (to the south), are also bound by Baltray Park to the east, Claremont Strand and the rail line to the north and warehousing and residences to the west. Numerous access points from the site provide direct access to Howth Road.

Zoning

The subject lands are zoned Objective TC (Town and District Centre) under the Fingal Development Plan 2017-2023. Objective TC is defined as to “Protect and enhance the special physical and social character of town and district centres and provide and/or improve urban facilities.”

Residential and a wide range of commercial uses are permitted in principle.

Zoning Map

Planning Permission

The subject property benefits from two live planning grants detailed on the next pages, providing an opportunity for a purchaser to implement either permission. Below is a brief outline of both permitted schemes;

Both planning applications represented a collaborative approach with the neighbouring landowner (Fingal County Council) and therefore there is an element of accommodation outside of the subject property, which is not included in the schedules of accommodation provided. Further detail is available within the Summary Planning Report available on our web based dataroom.

A feasibility study has also been prepared to reflect the potential uplift in unit numbers resulting from the new Sustainable Urban Housing: Design Standards for New Apartments March 2018, which demonstrates potential for an increase in residential units and is outlined as follows;

OSI

F11A/0028

Apartments 229
Commercial Accommodation 2,996 sq.m
Basement & Surface Car Spaces 467

F15A/0362

Apartments 127
Houses 51
Commercial Accommodation 2,756 sq.m
Basement & Surface Car Spaces 426

Feasibility Study

Apartments 340
Commercial Accommodation 3,395 sq.m
Basement & Surface Car Spaces 467

Planning Permission F15A/0362

Planning permission was granted by An Bord Pleanala (Ref. No. PL 06F.246151 and F15A/0362 on 20th June 2016) for a development comprising;

  • 51x 3 & 4 bed terraced houses
  • 1x27x 1, 2 & 3 bed apartments
  • 2,756 sq.m (29,663 sq ft) of commercial accommodation including retail, creche, restaurant, leisure


Project Pier CGI (Planning Permission F15A/0362)


Site Plan for Planning Permission F15A/0362 (for identification purposes only)

Housing Accommodation

Unit Type 1 Bed 2 Bed 3 Bed 4 Bed Total
Terrace 1 8 8
Terrace 2 8 8
Terrace 3 8 8
Terrace 4 6 8
Terrace 5 8 8
Terrace 6 4 4
Terrace 2 8 8
Terrace 8 1 1 1
Total 19 33 51

Apartment Accommodation

Building 1 Bed 2 Bed 3 Bed Total %
Block 1 8 20 2 30 24
Block 2 8 20 2 30 24
Block 3 1 36 5 42 33
Block 4 5 14 6 25 20
Total 22 90 15 127 100

Commercial Accommodation

Unit Types Size Sq.M Size Sq.Ft
Rental 1,315 14,153
Creche 227 2,443
Restaurant 668 7,190
Leisure 546 5,877
Total 2,756 29,663

Planning Permission F15A/0362 consists of 178 residential units, 2,756 sq.m (29,663 sq.ft) commercial accommodation including retail, creche, restaurant and leisure.


Project Pier CGI (Planning Permission F15A/0362)

Planning Permission F11A/0028

Planning permission was granted by Fingal County Council (Ref. No. F11A/0028) for a development comprising;

  • 229x 1, 2 & 3 bed apartments
  • 2,996 sq.m (32,246 sq.ft) of commercial accommodation including retail, creche, restaurant, leisure centre

This permission was recently extended until 13th March 2013 (Ref no. F11A10028/E1).


Project Pier CGI (Planning Permission F11A/0028)


Site Plan for Planning Permission F11A/0028 (for identification purposes only)

Residential Accommodation

Building 1 Bed 2 Bed 3 Bed Total %
Block 1 11 16 1 28 12
Block 2 35 4 39 17
Block 3 43 10 53 23
Block 4 2 16 18 8
Block 5 1 30 7 28 17
Block 6 43 10 53 23
Total 49 152 28 229 100

Commercial Accommodation

Unit Types Size Sq.M Size Sq.Ft
Rental 1,078 11,603
Office 70 753
Creche 274 2,949
Restaurant 5556 5,984
Leisure Centre 1,018 10,957
Total 2,996 32,246

Planning Permission F11A/0028/E1 consists of 229 residential units and 2,996 sq.m (32,246 sq.ft)commercial accommodation including retail, creche, restaurant and leisure centre.