It was announced today that Marlet Property Group Ltd., in conjunction with M&G Investments, has appointed Walls Construction to carry out extensive redevelopment work on the Charlemont Exchange office building at Dublin’s Charlemont Place.
It is estimated that 100 construction jobs, direct and indirect labour, are expected to be created during the project, which will see the addition of two new floors and extensive refurbishment throughout the building. Walls Construction commenced works in July 2017 with completion expected in the second quarter 2018.
The new Charlemont Exchange will extend to approximately 89,118 Sq. Ft. and will accommodate up to 1,200 office workers based on its design occupancy rate. The property is being marketed to let by Savills.
Charlemont Exchange is a short distance from the Iveagh Gardens and just a 15 minute walk to Grafton Street and St. Stephen’s Green, Dublin’s main shopping and commercial district.
Commenting on the announcement, Pat Crean of Marlet Property Group said, "We’re delighted to start the project this month and are very much looking forward to working with Walls Construction to bring it to fruition. There is no question that there is a much needed demand for office space in Dublin and we hope that our investment in this project, and its quick turnaround and completion date (Q2 2018), will help to go some way to meeting the demands of businesses in Ireland."