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€100m plan for Baggot Street

Treasury Holdings is to develop a €100 million office building on Dublin's Baggot Street. However, work on the project is not expected to begin until 2014 with a completion date set for two years later. An Bord Pleanala has cleared the way for the eight-storey block which will have a lower ground floor and two basement levels opposite Searson's bar close to the junction with Waterloo Road It will have a floor area of 22,222sq m (239,195sq ft), including 460sq m {4,951sq ft) of retail space facing on to Baggot Street. There will be 125 car-parking spaces and 225 bicycle spaces in the basement. The block has been designed as a naturally ventilated building and is expected to achieve an "A" building energy i rating. Treasury has also secured permission from Dun Laoghaire Rathdown County Council for two additional blocks at its ongoing office development at Central Park in Leopardstown.