J.P. Morgan Bank is to become the first major occupier to commit to the Capital Dock development through a forward-funding sale agreement.
The project is being launched by Kennedy Wilson, in a joint venture with Fairfax Financial Holdings Limited and the National Asset Management Agency (‘NAMA’).
The campus-style scheme is designed by award-winning Irish architecture firm O’Mahony Pike and Axiseng are the Building Service Engineers on the project. The development will include 345,000 sq ft of office space across 100, 200 and 300 Capital Dock and 190 high-quality rented residential units with waterfront views across three aspects, including a 23-storey tower marking the gateway to the city.
Capital Dock is designed to meet the needs of the many rapidly expanding international businesses based in Dublin. Positioned on Sir John Rogerson’s Quay, in the heart of Dublin’s Docklands, Capital Dock is one of the largest single phase ground up developments to be delivered in Dublin with over 660,000 sq ft of new mixed-use space.
J.P. Morgan will acquire ‘200 Capital Dock’, a prime office building of c. 130,000 sq ft fronting onto the River Liffey, through a forward-funding sale agreement to coincide with completion of the building, expected in the third quarter 2018. The building is capable of accommodating over 1,000 staff, and will be one of the highest specification buildings in Dublin, with LEED Gold certification.