7th August 2020
Marlet announces second finance deal with AIB for new residential development One Lime Street
07th August – Marlet has finalised a second financing facility with Allied Irish Banks plc to the value of €65m for One Lime Street, a new residential development of 216 apartments in Dublin’s south docklands. This deal comes only two months after Marlet’s recent announcement with AIB for Dundrum residential development, Walled Garden.
Marlet CEO, Pat Crean said: “We are delighted that AIB has supported us again in a demonstration of confidence in our approach to development. We are pleased to be able to commence on delivering these badly needed, quality homes in one of the last available sites in the ‘Silicon Docks’ area of Dublin’s city centre”
AIB’s Head of Development Finance, Derek O’Shea said: “AIB is committed to playing a vital role in home building in Ireland. The funding of the delivery of high-quality, sustainable homes is strategically important to AIB and as such myself, Brian Motherway and the wider Development Finance team are delighted to support Marlet in the development of One Lime Street”
One Lime Street will feature 216 one- and two-bedroom apartments over six floors, with amenity spaces including multi-purpose rooms, a gym and a lounge and many landscaped outdoor communal areas including a first-floor roof terrace. On the street and basement levels, 2,500 sq ft of retail space will be available for a café and shops, as well as secured bike and car parking spaces.
An Bord Pleanala approves College Square 21-storey tower
Marlet’s exciting plans for its College Square landmark have received further boost with An Bord Pleanala granting permission to add a 10-storey residential tower to the top of the already approved 11-storey office block.
24th September 2020