Global real estate investment company, Kennedy Wilson headquartered in Beverly Hills, California has completed three major developments in Dublin, Ireland – Coopers Cross, The Grange and Sanford Lodge.
The three sustainable, amenity driven schemes include 800 units and adds to Kennedy Wilson’s Irish multifamily portfolio, which now totals over 3,300 units with another 232 units under development.
Encompassing nearly an entire city block in Dublin’s North Docks, the six-acre Coopers Cross mixed-use development is revitalising one of the largest undeveloped sites in Dublin’s Docklands. It also forms part of the Strategic Development Zone designed to facilitate the regeneration of the area.
A generous public square and accessible multi-functional Town Hall space also connects the office space and retail through a garden street to provide more public amenity for residents, future office occupiers, and visitors to the campus.
The scheme includes 471 Build to Rent apartments and resident amenity and retail space anchored by a new public park in the North Docks. With a significant focus on placemaking, Coopers Cross residents are connected to future Grade A office space – with market leading ESG credentials – via a sequence of permeable courtyards and thoroughfares.
Kennedy Wilson expects to complete the 395,000 sq ft of new office space at Coopers Cross by the end of 2023. The space has been designed for maximum efficiency and flexibility with bright, open floorplates. The building is targeting LEED and WELL Platinum, and BREEAM Outstanding.
Coopers Cross was also the first commercial development in Ireland to achieve a Platinum SmartScore certification – awarded to projects demonstrating exceptional intelligent building credentials.
“As many of our global developments quickly near completion, we are proud to deliver on our promise to bring much-needed residential space and public amenities to Dublin and continue our legacy as one of Ireland’s most active real estate investors and operators.
“We are long-time believers in this vibrant market, and these development milestones mark just the beginning for these communities that continue to raise the bar for residential offerings within the region.”William McMorrow, Chairman and CEO, Kennedy Wilson
Kennedy Wilson has also completed The Grange. The scheme includes 287 new Build to Rent apartments, amenity space, and a dedicated day care center, bringing the company’s total holding at the Stillorgan project to 539 units.
This summer also marked a finish line for an expansion for Sanford Lodge Apartments, where 36 new apartment and duplex units with generous private open space are now available for lease, 2.5 kilometers from St Stephen’s Green.
The new projects all offer Kennedy Wilson’s dedicated resident app, professional on-site management and pet-friendly units. The developments also feature roof terraces, parks, children’s playgrounds, fitness centers, business centers, game rooms and resident lounges.
In addition to its developments in Ireland, Kennedy Wilson has an active pipeline of $1bn in gross developments across the Western U.S., totaling over 2,800 apartment units. Most of these projects remain on track to be completed by the end of 2024.