ESB HQ lodge planning application for Fitzwilliam Project
ESB plans to demolish and redevelop its Fitzwilliam Street headquarters at a cost of about €150 million. Their vision is to deliver a successful new office redevelopment, in keeping with its 18th century surroundings and to provide modern, efficient, sustainable accommodation to more people.
In addition to the estimated employment generated during construction (approximately 400 construction related jobs over 2.5 years), the building will create opportunities for small businesses in the area. The proposed building will accommodate up to 3,000 workers without increasing the footprint above ground.
Careful planning and design by ESB and its team of experts, which include Bannon, means that the €150m (approx.) cost of the building will be paid for by savings and other benefits over time, including:
- Reduced maintenance costs.
- Extra space generated from efficient design allowing rental income from third parties or savings achieved by accommodating staff currently located elsewhere.
Early next week ESB will lodge the planning application with Dublin City Council and the public consultation phase will begin. The project will not increase the price of electricity.