Planning
Parkgate Street office block scrapped due to weak market demand
Developer Chartered Land has moved to repurpose six floors earmarked for office use into 40 additional apartments on the residential project
Joe O’Reilly has moved to scrap six floors of office space that were intended to form part of a new residential scheme on the fringes of the Phoenix Park due to a “lack of demand”, in the latest blow to Ireland’s ailing €50 billion commercial property market.
Chartered Land, O’Reilly’s development firm, had secured permission to build the project on Parkgate Street in 2020. The plan included more than 480 apartments spread across six buildings ...
