Point Village Shopping Centre

dylan2017

Any progress on any other unit since Dunnes has opened inside the shopping centre ??

dylan2017

Has anyone noticed an uptick in trade yet if any i'd say it is small ?

geecee

I would imagine nobody that hasn't read this thread or visited the Odeon Even knows it's open.

Least they could do to advertise the shop is a sandwich board or a sign out in the square itself

Flinty997

That fresh looks pretty tasty. Walked through it a few weeks back.

JTMan

https://www.boards.ie/discussion/comment/119442564#Comment_119442564

Spoke to the manager too. The enlarged Dunnes will open in 1-2 months time apparently.

dylan2017

https://www.boards.ie/discussion/comment/119495896#Comment_119495896

Hopefully though the shopping centre hasn't even posted that they opened yet

JTMan

https://www.boards.ie/discussion/comment/119512326#Comment_119512326

It's very strange how there has been zero media reports of the opening despite all the coverage of the litigation.

markpb

https://www.boards.ie/discussion/comment/119513573#Comment_119513573

Opening a tiny shop isn’t very newsworthy.

Flinty997

Maybe they think the conflict is more click bait than the resolution.

JTMan

https://www.boards.ie/discussion/comment/119514041#Comment_119514041

It is when 12 years of litigation preceded it.

odyssey06

There's probably a reporter covering court cases so popped up onto their radar that way... Opening the shop later would not.

AngryLips

I wonder if the lack of signage means that Dunnes and the shopping centre haven't fully reconciled their differences.

lordleitrim

I definitely feel there is some up with lack of promotion by Dunnes that goes beyond "soft opening" tactics. Anytime a new Tesco, Aldi or Lidl open, local media coverage and flyer drops are quite extensive to ensure maximum local population awareness. I'm not talking about newsworthiness coverage but rather publicity /full page ads/social media bombardments etc that the company would pay for to ensure huge potential customer awareness. I wouldn't be surprised if many Docklands or East Wall residents still aren't aware of its existence.

As someone posted earlier, it might be a tactic to ensure store failure so Dunnes can exit their legal obligations swiftly. Of course this is only speculation.....

Celltale_CMcN

I don't have a login for the currency but this article would imply that the battle still goes on.

https://thecurrency.news/articles/91613/breathtaking-cynicism-dunnes-stores-accused-of-contempt-of-court-over-point-village-fit-out/

Has anyone noticed any activity with the fit out in the bigger units? They are blacked out from the outside.... so hard to tell if anything is happening in there or not.

AngryLips

There was a flurry of activity ahead of the small Dunnes opening but there's been nothing since. The builders were using the side entrance near the entrance for Yahoo for access and there's been no activity there since it opened.

JTMan

https://www.boards.ie/discussion/comment/119542675#Comment_119542675

Would seem that Dunnes opened the small store so they could tell the court that they are complying with the order but the store is only 10% of the size of what was originally intended. Seems like Dunnes continue to "play games" with their obligations.

technocrat

https://www.boards.ie/discussion/comment/119616750#Comment_119616750

Seems like there been deliberately spiteful in wanting it to fail.

I was in the large Dunnes supermarket in the Ilac earlier this evening and only just realised it’s no distance from another Dunnes on Henry st maybe 200mtrs.

Then factor in another Dunnes supermarket on North Earl st so that’s 3 all within walking distance of each other.

Yet they don’t see a business case operating at the Point when there is a a large residential population within the immediate catchment area that isn’t currently served by a big supermarket.

JTMan

https://www.boards.ie/discussion/comment/119623815#Comment_119623815

I think this is about pride and wanting to win a 12 year court battle and not pay huge legal costs.

Dunnes either want this to fail (no advertising, nothing outside the Point to indicate the opening, small range, small store, expansion seems to be stopped) so they can convince the judge that their argument is valid or want to tick a box saying that they have "opened" to the court or both.

The local population is increasing as well as more apartment blocks get built. There is room for a large supermarket in the Point Village. But 80 year old Margaret Heffernan probably cares more about the court case than the business case.

JTMan

Yet another lawsuit against Dunnes Stores launched over their Point Village store.

The new owners of the Point Village are suing Dunnes ... https://thecurrency.news/articles/97314/point-squares-new-owner-enters-legal-battle-with-dunnes/

I wonder if the new owners are pissed at Dunnes for saying they have "opened" but only opened a store that is 10% of the size that they originally intended.

subpar

https://www.irishtimes.com/property/commercial-property/2022/11/09/mkn-property-group-seeks-operator-for-landmark-15-storey-hotel-in-dublins-east-wall/

Latest development news.

Archidub1

The start of the construction of 1,300 apartments at Castleforbes business park have announced it is starting this week, commencing first with the element nearest the bottle bank by the bridge

subpar

Citigroup signs deal for new European HQ in Dublin docklands

Global banking giant strikes agreement with Johnny Ronan’s RGRE for 300,000sq ft office campus at Waterfront South Central

Citigroup has signed for a new headquarters in Dublin, in a boost for the office market in the capital.

The US lender has agreed a €300 million deal for a new office campus in the city’s north docklands. The deal with Johnny Ronan’s RGRE for the delivery of 300,000 sq ft (27,870 sq m) of office space at the developer’s Waterfront South Central site was concluded in the week leading up to Christmas.

Citi is understood to be paying about €100 million to acquire the site, with a further €200 million being set aside for the construction of its new base. Due for completion in 2026, the bank’s proposed footprint will equate to roughly 70 per cent of the 430,000 sq ft of office accommodation RGRE intends to develop as part of the wider north docklands scheme.

News of the agreement should provide something of a fillip for the capital’s commercial property sector coming as it does at a turbulent time for the global tech companies whose requirements have driven much of the demand for office space in the Dublin market over recent years.

subpar

Johnny Ronan strikes deal with US partner for Dublin docklands site

Developer’s buyout of Waterfront scheme clears way for construction of new European headquarters for Citigroup

Expand

A computer-generated image of the offices RGRE intends to develop on the Waterfront South Central site in Dublin's north docklands

Johnny Ronan’s Ronan Group Real Estate (RGRE) has secured full ownership and control of the Waterfront South Central site in Dublin’s north docklands.

The agreement of the deal between RGRE and its partner, Fortress, clears the way for the developer to commence the construction of a new European headquarters for global banking giant, Citigroup on the site. The Irish Times understands that work on Citi’s new offices is expected to get under way within the next month.

The deal comes weeks after Ronan Group agreed the refinancing of €150 million in debt associated with the apartments it is developing at Spencer Place and the €500 million sale of Salesforce’s European headquarters

Ronan acquired the Waterfront site with RGRE’s then funding partners, Colony Capital, for €180 million in 2018. Fortress inherited Colony’s interest in the 4.6-acre site last year as part of its wider $2.7 billion buyout of Colony’s international real estate assets.

News of the Ronan Group’s deal with Fortress follows a report in the Financial Times earlier this month in which Citigroup confirmed that it was in “a process” to acquire a site for its new European headquarters in Dublin.

While the bank didn’t elaborate on its plans, the Financial Times said it was preparing to sign off on a €100 million deal with RGRE and Fortress for a site within the Waterfront South Central scheme.

The report added that Citi would then have to pay up to a further €200 million to the developers to build out the 300,000 sq ft of office space it requires for its Dublin-based workforce. The US-headquartered bank’s proposed footprint equates to roughly 70 per cent of the 430,000 sq ft of office accommodation RGRE intends to develop as part of the wider north docklands scheme.

Located next to the 3Arena, Waterfront South Central will, upon completion, comprise a mix of offices and hundreds of apartments, along with numerous on-site amenities including cafes, creche facilities and restaurants.

The development is planned to have a clear focus on sustainability to the point where it becomes “Ireland’s first-ever carbon-positive campus” according to RGRE’s website

Ronald Quinlan is Acting Property Editor of The Irish Times

Middleage Fanclub

A big final piece of the north docks puzzle. Thanks Subpar, you've been a one man news feed on the area for a long time now.

dsmythy

https://www.boards.ie/discussion/comment/120076177#Comment_120076177

The limited heights are apt for the entire area.

Middleage Fanclub

https://www.boards.ie/discussion/comment/120076254#Comment_120076254

Aye, if I thought that bridge would get built simultaneously it would be some consolation

Dylan2023

The area in the water is this in the planning permission ? looks cool and be great to see once built

Middleage Fanclub

https://www.boards.ie/discussion/comment/120077719#Comment_120077719

I hope so but I'm getting flashbacks of the defunct DDDA's grandiose plans to build into the Liffey and channel water around the back of buildings.

cgcsb

What a waste of a water front site. 20 floors should be a planning minimum from a prominent water front site.

Viscount Aggro

Is that weird pub still open near there.... Green Room?

The owner sits at the bar, chair has his name printed on the back of it.