NTMA focusing on shortlist of four locations for its new HQ

Treasury Building, North Wall Quay, Bolands Mills and south docks on list

Treasury Building, Grand Canal Street, Dublin: NTMA may decide to stay in current location. Photograph: Frank Miller

Treasury Building, Grand Canal Street, Dublin: NTMA may decide to stay in current location. Photograph: Frank Miller

 
National Treasury Management Agency

The options will include the agency’s current office accommodation in the Treasury Building on Grand Canal Street where it rents about 9,290sq m (100,000sq ft) at Grand Canal Street under a number of leases, some of which are due to run out, while others have break clauses.

Also being considered is a site at North Wall Quay next to the planned new headquarters of the Central Bank where Seán Mulryan’s Ballymore Properties and Oxley Holdings are to develop 60,385sq m (650,000sq ft) of offices and 300 apartments.

Redevelopment

Bolands MillsDublin City Council

The fourth option is a site in the south docks where Oaktree, Bennett and Nama are planning to deliver 42,000sq m (457,500sq ft) of workspace and 158 apartments on a plot close to the Facebook European headquarters.

The NTMA plans to rent between 6,500 and 7,400sq m (69,964 and 79,652sq ft) in anticipation it will have a workforce of about 500.

The agency plans to move into its new accommodation in the third quarter of 2018. Its requirements will include a conference room capable of holding 150 people.

The agency has engaged Roland O’Connell of Savills to advise it on its choice of venue.