The Central Bank's brutalist HQ is on the market

The building has been dividing opinion for almost 40 years...

The Irish Central Bank's headquarters on Dublin's Dame Street has been put on the market. The stark bank building has a dominating presence in Dublin's skyline - it was completed in 1978 and officially opened in late 1979.

Estate agent Lisney will manage the sale - the lot is expected to fetch in the region of €65m.

A statement from the Central Bank said that it is aware of the cultural significance of the property.

It has drafted in Henry J Lyons Architects to examine redevelopment options for the building and to identify possible uses for the space.

Paul Molumby, Director of Currency and Facilities Management at the Central Bank commented on the sale:

"The move to new premises is essential as our mandate increases and our staff complement grows and it is being done in a cost-effective, environmentally efficient and sustainable way ... In that regard, the bank is committed to achieving full market value for the Dame St premises, while recognising the public interest in the process."

The Central Bank will move its operations to its new HQ on North Wall Quay by the end of 2016 - or early next year.

The new head office cost €140m to develop. The timing of the sale of the current HQ will not affect the timing of the bank's move.

1,500 of the bank's employees will be based in the new office. Operations at its currency centre at Sandyford will continue as normal.