Development management

Frascati Shopping Centre was acquired in 2015 by Gresham House Real Estate Limited on behalf of an international property investment fund managed by Invesco which is a major US financial institution. In early 2017, we began an extensive development project which provided for extending and remodelling the existing centre.

This exciting scheme was designed to rejuvenate the Frascati Centre by delivering contemporary retail units which will respond to modern retailer demands. A new road junction has been built on the Frascati Road which incorporates a right turn into the centre when travelling from the city and a right turn onto the Frascati Road when exiting the centre.

The centre was officially re-launched in October 2019 offering a greatly enhanced shopping experience along with Irelands first dedicated health and beauty quarter and a new food and beverage hub.

www.frascatishoppingcentre.com

On completion of the extension and remodelling of the new Frascati Centre, we secured a planning permission to construct 45 luxury apartments over 3 storeys on top of the newly developed centre. The development consists of a mix of generous , 2 and 3 bed units that benefit from superb sea views over Dublin Bay.

The project is the first phase of planned residential schemes for the site. Commencement of Phase 1 began in early 2020 and is due for completion in quarter 3 of 2021.

Phase two of the Residential Development relates to alterations to the Phase 1 permission for 45 apartments. The proposed phase two development includes the provision of over 100 additional apartments, as an extension of the Phase 1 permission.

The planning application for phase 2 is expected to be lodged shortly through the SHD process directly to An Bord Pleanala.

Carrisbrook House was acquired in 2021 by Gresham House Real Estate Limited with our partners Orion Capital Managers. The property is located at the key junction of Pembroke Road and Northumberland Road in Dublin 4, situated between Ballsbridge and the city centre. The 1960s property comprises of a 7-storey hexagonal shaped office block made up of c.3,000 sq. m

Currently we are preparing a planning application for the redevelopment of the site. The application proposes the demolition of the existing structure and the development of a 9,290 sq. M best in class office scheme. The design is targeting LEED Platinum standards and consists of a high-quality finishes and an elaborate landscape design.

The scheme is due to lodge for planning in November 2021 with a view to delivering the project in Q4 2024.

The Central Hotel Chambers is a four-storey office building over basement with a part ground and basement restaurant unit. Constructed in the 1950’s and located within Dublin’s CBD, the management of the building was taken over by Gresham House Real Estate Limited in August 2015.

The Gresham House Real Estate Limited Development team devised an asset management strategy, secured landlord backing and finance, assembled a design team and managed the development works on a phased basis.

Phase one of the refurbishment works began in May 2016, which saw the complete refurbishment of the first floor, half of the second floor and the reception area in order to achieve a modern quality office building. The common areas including lift, stair cores and landings were also upgraded along with all the windows throughout the building

Phase two was completed in 2018. This comprised the complete reconstruction and refurbishment of the basement into a high-end restaurant, along with the refurbishment of the 4th floor of the property.

For more information on this project click here.

Three Rock Plaza (formerly Ravenscourt) is located within the heart of Sandyford; just off the Three Rock Road in Dublin 18.

Following the acquisition of the development Gresham House Real Estate Limited was appointed to project manage the refurbishment of a vacant office block along with an extensive landscaping and estate refurbishment. The 3-storey block underwent a full refurbishment to create a modern own door office suite which consists of raised access floors, new air-conditioning, fully painted and plastered walls, new LED lighting and new suspended ceilings throughout. The refurbishment also factored in new W.C facilities on each level along with ladies and gents shower facilities.

On completion of this project, Gresham House Real Estate Limited also managed the rebranding process for the scheme.

Gresham House Real Estate Limited was instructed in January 2019 to appoint and manage a design and construction team to deliver a high-quality Grade A refurbished office building located in a high-profile position on Baggot Street, Dublin 4. The context of the instruction included a complete refurbishment of the commercial element made up of a 6 storey office building with ground floor retail and the introduction of a welfare facility in the basement of the scheme along with a new extension to the rear of the ground floor.  Included in the refurbishment design was the introduction of solar panels which power all the hot water in the building, an improved BER rating from D to B.

In conjunction with the refurbishment project we were tasked with managing the leasing of the new space and this exercise included the appointment of letting agents and formulation of a marketing strategy including a rebranding of the building.

The property now known as The Lumen Building was successfully completed within budget in December 2019 and has since attracted strong tenant covenants and proved to deliver a successful letting campaign.

For more information on this project click here.

The Gresham House Real Estate Limited executives have been involved in the development and management of the Spencer Dock Estate from the original acquisition of the site by Treasury Holdings.

Gresham House Ireland Real Estate Limited most recently completed the development management of a key piece of infrastructure for the Spencer Dock estate – The Estate Pumping Station – Contract value was €10m.

We currently manage the entire Spencer Dock Estate.

No, 1 Central Park is a state-of-the-art office building arranged over 8 floors. The team in Gresham House Ireland Real Estate Limited provided full Development Management services on the project. The development team also secured lettings to the current blue chip tenants including Tullow Oil and Sales Force.

Central Park is recognised in the market as the premier suburban business park in Dublin and hosts the Irish corporate headquarters of several elite companies.

The site is located to the south of Deansgrange Cemetery, west of residential properties at Foxrock Close and north of the Deansgrange Neighbourhood Centre. The site is currently occupied by Mooney’s Car Sales business, which includes a two-storey office / car showroom building, a former petrol filling station and affiliated car showroom uses.

In July 2019 Gresham House Real Estate Limited was appointed as development manager to deliver a PRS scheme on the site. The site was subject to a number of previously refused planning permissions. BREL assembled and led a team to design a high-quality scheme which optimises the potential of this site and delivers the ideal mix and range of apartments for the market.

The planning application was submitted via the SHD process and consisted of a mixed-use scheme consisting of 151 no. apartment units, restaurant / café and 5 commercial units.

Planning permission was granted in October 2020 for the scheme achieving 120 apartments, restaurant / café, 4commercial units and a creche.

Concorde Industrial Estate occupies one of the highest profile sites on the Naas Road, with a frontage of approximately 180 m. The entire site, which extends to approximately 4.66 acres, currently contains 8 industrial units.

Gresham House Real Estate Limited was appointed Development Manager and assembled and led a design team through to securing planning permission on one of Irelands first large scale BTR schemes through the SHD process. The scheme consisted of mixed-use development to include 492 Build to Rent apartments, commercial units, crèche, landscaped open space, 238 car parking (200 in basement) 516 Bicycle parking spaces. The planning application was lodged in May 2019.

Permission was granted in August 2019 for the development of 479 build-to-rent residential units.

Gresham House Real Estate Limited was instructed to assemble a design team to procure a planning permission on a site in close proximity to Dublin Airport in North Co. Dublin. The site currently comprises of an industrial estate containing circa 25 units and is located to the east of the R132 Swords Road and Collinstown Cross. The surrounding site context is characterised by Dublin Airport Employment lands to the north, Dardistown Cemetery to the east, the M50 motorway and industrial lands to the south and the Swords Road (R132) to the west.

One of the most challenging aspects along with the onerous zoning of the site, is that it is located within the Outer Public Safety Zone (PSZ) and Inner Noise Zone of Dublin Airport and BREL had to commission extensive aviation reports to outline how the proposed development has been designed to be fully compliant relevant aviation planning regulations.

The proposed development was for the construction of 2 no. Research and Development buildings (Blocks A and B) with a total gross floor area in the region of 16,000sq.m

The development was refused by An Bord Pleanala. There were two reasons for refusal, the first related to the scale of the proposed development in the context of the Outer Public Safety Zone employee density restrictions and secondly, to the access proposals and traffic safety.

BREL is currently preparing a revised scheme for the site.

Richview Office Park is located in Clonskeagh, approximately 2km south of Dublin city centre. This business park setting offers a high-quality working environment in a convenient and accessible location.

The property comprises a 680 sq. m detached two storey office block and includes 26 car parking spaces. In 2017, Gresham House Real Estate Limited was appointed and managed a Design & Build refurbishment project. The building was extensively refurbished throughout to provide a stylish, high quality, self-contained workplace over two floors. The refurbishment delivered open plan accommodation, completed to full third generation specification.

Our brief also included the leasing of the newly refurbished space and the property was let in early 2018 to a multinational covenant on a 10-year lease.