Dalata to build new 8.1M Maldron hotel in Dublin
With the existing supply of hotel rooms in Dublin City falling significantly short of prevailing demand as the capital continues to grow, schemes like this will be welcomed by tourism in the city . Hotel development has been minimal since the recession with only 3 significant new hotels opening in Dublin City Centre this decade including the Gibson, the Marker and the Dean. An Bord Pleanála granted permission for the hotel development on the site back in November 2015. The planning application included a basement car park of 23 spaces, a reception area, café/bar and restaurant, as well as 137 bedrooms over five rooms.
While approximately 300 new guestrooms are ear marked to open in the capital by the end of 2016, we have also lost 186 existing rooms when the Clyde Court Hotel closed in January 2016 and it is estimated that an extra 3,000 rooms are urgently required to satisfy prevailing demand. (Source: Hotels and Hospitality report 2016).
In the past 24 hours, it has come to light that a hotel development which we had the pleasure of working on last year has been bought by Dalata for a whopping €8.1M. The site is located at the junction of New Street South and Kevin Street upper, close to Stephen’s Green and will be the newest edition to the Maldron Hotel group. Dalata intends to begin construction in the final 3 months of 2016 with a forecasted completion date of mid-2018. The estimated total investment of the project is projected to come in at around €26M and will lead to the creation of 70 new jobs.
We worked closely with design architects – John Fleming Architects and Tom Philips & Associates on behalf of our mutual client in producing multiple verified view montages to help secure planning on the site. It was a tricky one to work on due to the protected views of St Patricks Cathedral. However the photomontages produced went a long way to alleviating the concerns of the planners.
It is crucial that the under supply issue of hotel developments continues to be addressed moving forward as a surprising, or maybe not so surprising, fact includes a point recently submitted by the Web Summit organisers. They cited the lack of good quality hotel rooms as one of the reasons for relocating this high-profile event from Dublin. It is estimated that this loss alone has cost the Irish economy €100M.
Things are definitely looking up though, the situation is in the spotlight and being addressed with Dublin City Council preparing its new City Development Plan 2016 -2022, highlighting the urgency of the hotel supply situation and gravity of its knock-on effect for Dublin’s reputation as a business and tourism destination.
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