{"id":1004186765,"date":"2017-08-11T03:33:18","date_gmt":"2017-08-11T11:33:18","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004186765"},"modified":"2022-12-09T02:53:55","modified_gmt":"2022-12-09T10:53:55","slug":"hines-peterson-to-revamp-iconic-building-in-ireland","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/hines-peterson-to-revamp-iconic-building-in-ireland\/","title":{"rendered":"Hines, Peterson to Revamp Iconic Building in Ireland"},"content":{"rendered":"<p><em>By Keith Loria, Contributing Editor<\/em><\/p>\n<div id=\"attachment_1004186774\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/08\/View-DuskAerial.jpg\" target=\"_blank\" rel=\"noopener noreferrer\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004186774\" data-attachment-id=\"1004186774\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/hines-peterson-to-revamp-iconic-building-in-ireland\/view-duskaerial\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/08\/View-DuskAerial.jpg\" data-orig-size=\"800,620\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;1&quot;}\" data-image-title=\"View DuskAerial\" data-image-description=\"&lt;p&gt;A new vision for the former Central Bank headquarters in Dublin &lt;\/p&gt;\n\" data-image-caption=\"&lt;p&gt;A new vision for the former Central Bank headquarters in Dublin &lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/08\/View-DuskAerial.jpg?w=800\" class=\"wp-image-1004186774 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/08\/View-DuskAerial.jpg\" alt=\"A new vision for the former Central Bank headquarters in Dublin \" width=\"300\" height=\"233\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/08\/View-DuskAerial.jpg 800w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/08\/View-DuskAerial.jpg?resize=300,233 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/08\/View-DuskAerial.jpg?resize=768,595 768w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004186774\" class=\"wp-caption-text\">A new vision for the former Central Bank headquarters in Dublin<\/p><\/div>\n<p>Hines and Peterson Group have submitted an application for Central Plaza, a proposed mixed-use property in Dublin, Ireland, which will transform the former Central Bank headquarters as a new landmark destination in the city\u2019s center.<\/p>\n<p><em>\u201cThe Central Plaza proposal represents a significant investment by Hines and Peterson in the creation of an outstanding mixed-use scheme that will re-invigorate this iconic city center building located in the heart of our capital,\u201d <\/em>Brian Moran, Hines Ireland\u2019s senior managing director, said in a prepared release. <em>\u201cOur application will include an exciting mix of retail shopping, caf\u00e9s and restaurants at street and plaza level and in a newly created lower plaza area.\u201d<\/em><\/p>\n<p>Originally designed by award-winning architect Sam Stephenson more than 40 years ago, the building was sold to Hines and Peterson a few months ago, once Central Bank relocated to new premises on North Wall Quay.\u00a0<\/p>\n<h2>A dynamic look<\/h2>\n<p>The plan for the new development would be a building and surrounding area, incorporating retail, restaurants and caf\u00e9 uses at street and basement level, and a two-story rooftop hospitality destination and viewing area.<\/p>\n<p>The proposal also calls for an expansion of the existing plaza and the creation of a dynamic new street scape toward College Green and along Fownes Street and Cope Street, creating a pivotal new steppingstone between the key retail and tourist destinations of Grafton Street, College Green and Temple Bar.<\/p>\n<p><em>\u201cAnother key aspect of the proposal is the enhancement of the existing plaza that surrounds the building,\u201d <\/em>Moran said.<em> \u201cUpon completion of the redevelopment works, the area will reopen to the public and with the removal of the railings installed in 1998, the plaza will become a larger and even more vibrant public space.\u201d\u00a0<\/em><\/p>\n<p>Additionally, the finished project would include a new 20,000-square-foot rooftop destination within the building\u2019s existing roof space, that would provide unique 360\u00b0 views of the Dublin skyline. It will be encapsulated within a new signature glazed roof, designed to significantly enhance the architectural language of the existing building.<\/p>\n<p>Over the last 26 years, <a href=\"https:\/\/www.commercialsearch.com\/news\/hines-buys-650-ksf-berlin-office-campus\/\">Hines has grown its European platform<\/a> to include a presence in 35 cities in 10 countries and Hines Europe currently has approximately $15.7 billion worth of assets under management in Denmark, France, Germany, Ireland, Italy, Norway, Spain and the United Kingdom.\u00a0<\/p>\n<p><em>Image courtesy of Hines<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The companies are planning to transform the former Central Bank headquarters in Dublin into a mixed-use destination incorporating retail, restaurants and a rooftop hotel. <\/p>\n","protected":false},"author":451,"featured_media":1004186774,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21782,21808,16,21752,21742],"tags":[32797,37202],"class_list":["post-1004186765","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-development","category-featured","category-international","category-mixed-use","category-latest","tag-hines","tag-peterson-group"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - 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