Marlet – Ireland’s largest independently owned property development company – has appointed BAM Ireland as the main contractor for its One Lime Street Build to Rent scheme in Dublin’s South Docklands. The announcement comes as Marlet secures its second finance deal with Allied Irish Banks plc (AIB).
The One Lime Street Build to Rent development includes 216 one- and two-bedroom apartments with private balconies/terraces, 13,000 sq ft of landscaped communal spaces and high-end amenity space including a gym, concierge, multi-purpose rooms and retail space on street level. Having recently completed site works, construction on the apartment blocks has started this month – and is expected to complete in Q2 2022.
“Moving forward with Marlet on One Lime Street is particularly exciting considering all the challenges the industry, and indeed the country, has faced in recent times. These 216 apartments will be a great addition to the South Docklands area and BAM is looking forward to delivering them for Marlet.
“BAM will utilise off-site prefabrication techniques to deliver this project. The superstructure, bathrooms and balconies will be manufactured and finished off-site. Advantages of off-site construction include; a reduced construction period; less operatives on site; better environment for social distancing and minimal disruption to local residents.”
Theo Cullinane, CEO, BAM Ireland
One Lime Street has been designed as a U-shaped block around a light, bright and airy central courtyard, giving residents a respite from the busy city surroundings. It will be primarily built in brick to keep tradition with neighbouring residential architecture and industrial buildings in the Docklands area.
The developments design will reflect Marlet’s pro-active approach to the challenges posed by the Covid-19 pandemic – and includes the use of microbicidal paint applied on washroom and shared area walls, antibacterial door hardware, touch-free building access and a top-of-the-range ventilation strategy. It will also feature a large entrance court and reception to avoid congestion at peak times, increased size of lifts to allow for social distancing, and home-office areas to facilitate working from home.
One Lime Street is part of a new Quayside quarter consisting of four of Marlet’s developments in Dublin Silicon Docks – including the Sorting Office, a 208,000 sq ft commercial building recently sold to Mapletree, Ropemaker Place, a new residential development with 56 high-end apartments for rent, and the Shipping Office, an upcoming 177,000 sq ft Grade A commercial development on Sir Rogerson’s Quay.
