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Diageo and Ballymore will work together on the Guinness Quarter

Written by Robert McHugh, on 3rd Sep 2020. Posted in General

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Diageo has today announced that it has chosen Ballymore as its partner to deliver the transformation of 12.6 acres of its iconic St. James’s Gate site into a dynamic urban quarter.

Ballymore is a developer with vast and varied experience, notably in established and historic cityscapes like Old Spitalfields Market in the City of London.

Diageo and Ballymore will work together on a shared vision for the Guinness Quarter which aims to preserve the heritage assets and create an inspiring urban neighbourhood that will open up the historic St James’s Gate site to the people of Dublin and beyond. 

Diageo and Ballymore aim to develop the Guinness Quarter as the first Zero Carbon District in Dublin. This will involve re-using some of the existing buildings as well as examining all available renewable energy sources and how zero energy ratings can be met.

Ballymore was selected following a rigorous and thorough search by Diageo since the autumn of 2017.  The selection process evaluated potential partners on the basis of their ability to deliver against Diageo’s vision to open up a portion of the historic brewery site, using new and existing buildings to create a dynamic mixed-use urban quarter that will include residential, office, cultural and commercial spaces, fully integrated into the wider Liberties area.

Extensive engagement activity with the local community and other stakeholders will continue in the time ahead as Diageo and Ballymore develop a masterplan for the Guinness Quarter ahead of a planning application. 

Commenting on the project, Managing Director of Diageo Ireland, Oliver Loomes said, "St. James’s Gate is a unique and extraordinary place. We are committed to a long-term sustainable future for the site and are delighted to be moving closer to our vision of opening streets, creating spaces and generating opportunity in the Guinness Quarter. As we move into the next chapter of this 261-year-old brewery, we are very excited about the possibilities of creating a quarter that will form part of the fabric of the city for generations to come."

He added, "Since our announcement in 2017 we have been committed to doing it right and know that Ballymore share our vision for the future of the site. We look forward to partnering with them on this exciting project. Our ambition is also to work with the Iveagh Trust, one of Dublin’s largest social housing providers, as a partner in this project."

Source: www.businessworld.ie

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