Clancy Quay, This high profile residential scheme in Dublin presents a mix of new-build townhouses, apartments and conversions of historic army barracks buildings, which gives the development a distinctive and unique identity.
With the Irish economy emerging out of its worst recession, and with an absence of new building construction over the past six years, there is a growing demand for new property development in Dublin, particularly for quality residential stock for an increasingly mobile and international workforce.
Kennedy Wilson, a global real estate investment and services company with offices in the US, UK, Ireland, Spain and Japan, has been actively building a strong residential, commercial and retail property portfolio in Ireland in recent years.
One of its most high profile residential acquisitions is the 13-acre site Clancy Quay scheme in Dublin. Set on the site of the former Clancy Barracks, it overlooks the river Liffey at Islandbridge.
With the 420 unit Phase 1 of the development complete and fully let, Kennedy Wilson has also completed Phase 2 of this 3 phase project which provides an additional 164 high quality two and three bed residential units located in the central portion of the site. These homes are provided as a mix of new build townhouses and apartments and tasteful conversions of the historic army barracks buildings, which give the development a distinctive and unique identity. Due to the quality of its buildings, the barracks has provided the backdrop for filming on several substantial period productions in recent years, including the BBC series “Ripper Street”.
Kennedy Wilson is pioneering American style private rental accommodation on the Irish rental market. It is offering its tenants the benefit of common areas and facilities as part of the monthly rental, thus offering its tenants an improved work-life balance. The shared amenity package includes concierge facilities, gym, cinema and a dedicated residents’ amenity building, with fully fitted kitchen and lounge areas for small social gatherings. Furthermore, fully equipped media and business rooms, as well as the estate management reception. The residents’ amenity facilities are provided in a restored three-storey over basement coach house.
Waterman Moylan has provided full multidisciplinary engineering and health & safety co-ordination services for Kennedy Wilson. Our team was responsible for engineering input for the fit-out of 12 penthouse apartments in Phase 1 as well as for the gym and resident facilities. We also provided full engineering design services for Phase 2, which includes a district heating system, has been located and designed for expansion to include Phase 3 at a later stage. As part of the overall scheme PV panels have been installed on all new build units, and LED lighting has been adopted for external estate lighting as well as internal lighting within the buildings.
We are currently preparing designs for the third and final Phase of this prestigious development.
Paul O’Connell, Managing Director of Waterman Moylan, commented; “Kennedy Wilson is at the forefront of providing high quality professionally owned and managed residential property in Dublin and internationally. As such, it is focused on the post construction, operational efficiencies of its developments and Clancy Quay is no exception. Quality of design, ease of maintenance and energy efficiency has therefore been central to the designs adopted by our team. We are very pleased to be working with Kennedy Wilson on this prestigious project, which will set a new standard for the private rental accommodation market in Dublin when complete.”
