€1.25bn plan to regenerate O’Connell St

ONE of the country’s leading property development companies has promised 7,000 construction jobs through ambitious plans to spend €1.25bn on the regeneration of 5.5 acres of Dublin city centre.

Planning permission is being sought from Dublin City Council for the development of Dublin Central, the futuristic mixed-use scheme on O’Connell Street.

The 1.7 million sq ft development will incorporate residential, restaurants, public spaces and retail outlets. Two new pedestrian streets and new public squares at O’Connell Street and Henry Street are envisaged, as is a new skyline building with a funicular skylift, panoramic observation deck and a public Park in the Sky.