IPUT the largest unlisted property vehicle in Ireland, announces a €20m investment in the refurbishment of 5 Earlsfort Terrace and that it has instructed property advisors Savills and CBRE to seek pre-letting agreements for the landmark office building in Dublin 2.
5 Earlsfort Terrace – the former headquarters of leading Irish law firm Arthur Cox – is undergoing a €20m refurbishment which will provide 66,000 ft² 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.