Savills Ireland has been appointed by Trinity College Dublin to provide financial management and property advisory services for the ‘Trinity East’ project.
The project involves the potential development of an estimated 100,000sq m Innovation Campus at Trinity’s current site at Grand Canal Dock which is, in turn, located within the wider area of Ireland’s first designated Innovation District known as the Grand Canal Innovation District. Upon completion, it is intended that the 5.5-acre site will deliver 40,000sq m of academic space, 40,000sq m of commercial space and 20,000sq m of cultural and supporting uses, with an estimated gross development value (GDV) of €1bn.
Mary Birmingham, Project Director commented: “We are very excited to be part of this project – the first of its kind in Ireland. Savills has extensive experience in the development of innovation districts in cities around the world – which we will utilise for the execution and delivery of this strategically important development for the country as a whole.”