Global real estate investment company Kennedy Wilson (NYSE: KW) and its equity partners announces the launch of its newest Dublin campus development, Coopers Cross. The name embraces the maritime heritage of the area, paying tribute to the historical barrel makers, known as Coopers, and the very significant trade that took place along the adjacent railway lines. The campus’ statement is “Smart City Smart Space” as the development targets the latest building innovation and highest sustainability standards.
Kennedy Wilson has submitted planning for the office element of Coopers Cross, designed by leading Irish architects, Henry J Lyons, to provide over 390,000 sq ft NIA (net internal area) of Grade A office space across two buildings with basement, lower ground and up to six stories above ground level. The buildings have been designed for maximum efficiency and flexibility with bright, open floorplates and will target the highest certification and sustainability standards, including NZEB, LEED Platinum, BREEAM Outstanding and WELL Platinum. The buildings will house 800 cycling spaces, further enhancing its green credentials.
A significant focus has been placed on public realm within the scheme, which will see the connection of the commercial space with the residential development via one acre of extensive landscaping and the largest outdoor public park in the North Docks. A generous public square and accessible multi-functional Town Hall space will connect the office and retail through a stepped street to provide a further public amenity for local residents, office occupiers and visitors to the campus.
Coopers Cross comprises an entire city block (fronting Mayor Street Upper, Castleforbes Road, Sheriff Street Upper and New Wapping Street) and at 5.9 acres represents one of the largest undeveloped sites in Dublin’s CBD. It forms part of the Docklands SDZ (Strategic Development Zone), which facilitates the regeneration of the Docklands and already has planning permission for 449 PRS (private rented sector) units. Kennedy Wilson’s existing North Bank building forms part of the Coopers Cross campus and when combined with its close proximity to Liffey Trust, in excess of 650 PRS units are expected to be available at this prime city centre location, benefiting from being within walking distance to both local amenities and significant transport links.
Source : Kennedy Wilson