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Iconic Central Bank building finally on the market

The Dame Street premises and adjoining buildings are expected to sell for over €65 million.

29/1/2009. Central Bank Quarterly Results The Central Bank on Dublin's Dame Street James Horan / RollingNews.ie James Horan / RollingNews.ie / RollingNews.ie

THE CENTRAL BANK’s Dame Street premises in Dublin looks set to be sold in the coming months.

The bank and its selling agents Lisney have opened the sales process for the premises, including the Tower Building and Commercial Buildings, 9 College Green and 6-8 College Green.

The much-anticipated sale could see the buildings being sold as one or in lots. Reports indicate the sale is expected to make in the region of €65-80 million.

City centre staff will relocate to the Central Bank’s new building in North Wall Quay and the nearby Spencer Dock building.

The Central Bank has been in Dame Street since December 1979 and the move to North Wall Quay is expected to be completed in early 2017.

29/1/2009. Central Bank Quarterly Results The Central Bank on Dublin's Dame Street

All city centre staff are impacted by the move, including employees based in Iveagh Court and the Central Bank’s lease on that building will not be renewed.

In all, more than 1,500 staff will relocate. The Currency Centre at Sandyford is unaffected by the move.

An announcement on the preferred bidder for the properties is expected to be made by the end of the year.

Architectural importance

In a statement, the Central Bank said it is “aware of the architectural, cultural and economic importance of the Dame Street premises to the city centre” and has commissioned Henry J Lyons Architects “to undertake an indicative masterplan study to inform potential renewal or redevelopment of the site and identify possible future uses”.

29/1/2009. Central Bank Quarterly Results The Central Bank on Dublin's Dame Street James Horan / RollingNews.ie James Horan / RollingNews.ie / RollingNews.ie

Paul Molumby, director of currency and facilities management at the Central Bank said the organisation is starting the sales process “with affection for the Dame Street properties, including the historic tower, which have served us so well, and excitement about the move to North Wall Quay area and the enhanced ways of working that at our new premises will bring”.

Molumby said the move is necessary as employee numbers increase.

“The Central Bank is committed to achieving full market value for the Dame Street premises, while recognising the public interest in the process,” he added.

Read: The Garda union is asking members whether or not they want to strike over pay

Read: Dublin Bus accused of ‘chicanery’ over 9pm service shut-down

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    Mute DaisyChainsaw
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    Jun 29th 2017, 1:09 PM

    All the 8th amendment does is harm women’s health. Replace it with legislation that treats pregnant women and girls as autonomous humans, not Tupperware containers. The rally for lies this Saturday will be interesting.

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    Mute Jed I. Knight
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    Jun 29th 2017, 4:40 PM

    @DaisyChainsaw: I find these, while no doubt well meaning, a tad disturbing in that the more options and recommendations that are made, the more they’ll cherry pick from and ignore but still be able to quite legitimately say they followed the advice of the Citizens’ Assembly.

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    Mute Daithí Ó Coinnigh
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    Jun 29th 2017, 12:26 PM

    That all makes sense. Hopefull the Oireachtas implements the recommendations of the report.

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    Mute Gerry Carroll
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    Jun 29th 2017, 1:22 PM

    @Daithí Ó Coinnigh: Kenny announced when the Assembly delivered not what was wanted (by the politicians in government) that there was another committee to be set up and ‘consider’ the Assmbly’s output – i.e. Water it down or even better – drag it into a dark alley, ignore it and bull ahead regardless.
    Let women determine their own treatment options – NOT politicians!!!

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    Mute Colm
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    Jun 29th 2017, 12:24 PM

    If you’re going to explain the word consensus, don’t do so incorrectly. Consensus is where you arrive at something acceptable to all or the vast majority. Thus, these recommendations are acceptable to the vast majority of the assembly.

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    Mute Fiachrá Ó Dubhthaigh
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    Jun 29th 2017, 12:56 PM

    Are we going to need new jumpers with REPLACE on them instead?

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    Mute Barry Somers
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    Jun 29th 2017, 1:10 PM

    @Fiachrá Ó Dubhthaigh: repealing and then creating legislation for this is the best way.

    Ireland’s obsession with referendums for everything really needs to stop, the only way this can stop is us stopping adding everything to the constitution even when it doesn’t need to be in it.

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    Mute Nicholas J Campbell
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    Jun 29th 2017, 3:50 PM

    Repeal! It’s their choice. We are all human and I have no right to tell another human how to live.

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    Mute George Formby
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    Jun 29th 2017, 4:59 PM

    @Nicholas J Campbell: we are all human and we ALL have a RIGHT to live.

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    Mute Keith McDonagh
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    Jun 29th 2017, 3:04 PM

    Just bring it in, make it available for anyone who plans on having one & get it over with.

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    Mute George Formby
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    Jun 29th 2017, 5:01 PM

    Nicholas we are all human and we all have a RIGHT to live

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    Mute Martin Sinnott
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    Jun 29th 2017, 1:46 PM

    There still wasting taxpayer money !

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    Mute DaisyChainsaw
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    Jun 29th 2017, 1:53 PM

    Women are tax payers too and their health deserve to be properly looked after

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    Mute George Formby
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    Jun 29th 2017, 5:11 PM

    Nicholasjcampbell we are all human and we ALL have a right to live

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    Mute Michael
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    Jun 30th 2017, 8:55 PM

    The first thing I have to say is “When did 25% become a consensus”. The second thing is ” I believe that the Citizens Assembly is one of the most sexist groups I’ve ever come across. Have men and boys not got an equal right to control over their reproduction . Or any ! This assembly is so biased that it didn’t even mention condoms for boys and men.

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    Mute Andrew Eager
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    Jun 30th 2017, 3:28 AM

    This article is either poorly written, or the Citizen’s Assembly was all over the shop.

    “These recommendations were arrived at via a consensus (ie a majority were in agreement) of the members’ responses.”

    and then

    “Between 15 and 20 members calling for a recommendation (roughly 25%) was taken to be consensus.”

    If the latter is what they viewed as a consensus, then the must have only a cursory relationship with a dictionary.

    “usually in singular: A general agreement.”

    https://en.oxforddictionaries.com/definition/consensus

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