Construction
Meet the developers converting offices into apartments for €300k per home
A new report by the Housing Agency into commercial-to-residential conversions has shown developers can make large savings
Nine months ago, Block C of Cashel Business Centre was just another building in Dublin’s growing mass of vacant office space.
For several years, Michael Heavey, the businessman and owner of the building, had encountered the same issue faced by Dublin’s commercial landlords, little appetite for office space.
The building on the southern edge of Dublin city had been on the market since 2018, but no tenant came forward to let the space. Earlier this ...