Hotel Operator Sought for 160 Room Luxury Development Dublin 2

Location: Tara Street, Dublin 2, Ireland

Name: To be Located within Aqua Vetro

Guide Price: Terms to be agreed

No. of Keys: 157

The Opportunity: Renowned developer, the Ronan Group Real Estate, behind some landmark developments such as the Convention Centre Dublin, The Westin Hotel, The Ritz Carlton and many office buildings, are due to launch the Aqua Vetro building, to be dubbed as Ireland’s Tallest Building…at 23 storeys (88 metres high), in 2022/23. Within the 180,000 sqf office and retail building, plans are for a 157 five star luxury hotel, with two unique rooftop F&B facilities – 721sqm as well as two further outlets on the ground-floor lobby area.

The building will have a pedestrian concourse leading to the Tara Street metro train station and unrivalled 360 degree views across Dublin City Centre. There is also a planned Metro Link due to be operational by 2027.

Planning was secured in 2019.

Offers are invited for an occupational leasehold, from a global hotel brand, with similar hotel operations.

Main Photo: The imagined “Tallest Building in Ireland” with the hotel occupying the first seven floors of the new Aqua Vetro, and the top-floor restaurant and roof-top bar.

Current Owner: Ronan Group

Financials: Full layout scheme available, and information required by interested parties.

Agent: JLL…THPT would be acting for the hotel operator

Date Posted: November 2020

THPT Comment: An unique opportunity for a major brand, perhaps not already represented in Dublin as yet…one of the hottest hotel markets in the past decade.

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