Analysis

Diageo seeks a development partner for its historic Guinness brewery facilities at St James’s Gate, Dublin

The gates to the city

Diageo has just announced the launch of a developer procurement process for the re-imagination of the former Guinness brewery in the heart of Dublin. Advised by the Deloitte Real Estate (DRE) Development team, this is the most high profile development opportunity in Dublin in recent times.

October 2017

The historic use of the site is in evidence everywhere, from Arthur Guinness’s original house to 20th century modern brewing facilities. The buildings vary in age, quality and condition but are rich in heritage, history and architectural merit. Internally, sweeping staircases and steelwork speak of industrial grandeur and intrinsic redevelopment value. These vat houses, brew houses, cooperages, hop and grain stores that were once the pulse of the Guinness brewing operations are now a blank canvas to be re-imagined.

A feasibility study has created a framework to articulate the vision for the new St James’s Gate Quarter. The scheme has the capacity to deliver c.1.5 million square foot of new development across a mix of uses, repurposing and reimagining the historic fabric of the site alongside new and modern development.

Development opportunity

The opportunity now is for a world-class development partner to work with Diageo to deliver a new urban quarter, bringing their own commercial expertise and creativity to optimise the vision and delivery of the scheme. The parties will need to work through the development process together, collaboratively and flexibly, in a lasting, well integrated partnership.

Interested parties will be asked to respond to a Pre-Qualification Questionnaire at the first stage prior to shortlisting in early 2018.

Next steps

If you would like to find out more, or are aware of clients that may be interested in participating, please contact Tim Trillo or download the brochure.

Further information can be found at www.SJGQuarter.com

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