Rival blocks €16m Tetrarch Capital hotel plan in Dublin

Well-known Dublin hotel, Wynn’s has put the brakes on a €16m plan by property investment fund Tetrarch Capital to build a new boutique hotel off O’Connell Street.

Rival blocks €16m Tetrarch Capital hotel plan in Dublin

Last month, Dublin City Council granted planning permission to Sagrada Ltd, on behalf of Tetrarch, to convert Sackville House into a 158-bedroom hotel behind the former Clery’s department store.

Tetrarch Capital already owns several hotels including the Marker Hotel in Dublin and the Powerscourt Hotel in Wicklow.

However, Wynn’s Hotel has temporarily blocked the Sagrada plan by appealing the City Council decision to Bord Pleanála.

CIÉ also objected to the planning application.

However, a CIÉ spokesperson yesterday confirmed that it would not be appealing the city council decision.

In recommending that planning be granted, the city council said the hotel proposal will contribute to the regeneration and will have a positive impact on the surrounding area.

The planner said that this is being done by a redevelopment of a vacant under-utilised inner city site and re-instatement of the local street-scape.

The planner also said the hotel will introduce a vibrancy to an inner city street in need of regeneration as well as meeting demand for hotel accommodation.

However, in its appeal lodged with Bord Pleanála, the nearby Wynn’s Hotel claimed that the permitted hotel “illustrates a lack of ambition for the site and for the city including O’Connell Street”.

The appeal said the Sagrada application is an inappropriate hotel concept and claimed the proposed hotel is intended to be a boutique hotel. Wynn’s said the ‘boutique hotel’ description is inaccurate and that the plans submitted are more reflective of a budget hotel.

The appeal stated: “A boutique hotel is a small hotel between 10 and 100 rooms with a high degree of individuality, often with individually designed rooms. The permitted hotel has 160 rooms, all laid out in a common plan. The reception, bar and buffet all occupy a single space in the lobby.”

The appeal states that Wynn’s Hotel does not object to the principle of hotel development on the site. A decision is due in August by the appeals board. A spokesman for Tetrarch was unavailable for comment.

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