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Get ready for a first glimpse at St Stephen Green's newest office block

The scaffolding surrounding the LXV Building on the corner of Dublin's St Stephen's Gre...
Newstalk
Newstalk

09.40 18 Sep 2015


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Get ready for a first glimpse...

Get ready for a first glimpse at St Stephen Green's newest office block

Newstalk
Newstalk

09.40 18 Sep 2015


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The scaffolding surrounding the LXV Building on the corner of Dublin's St Stephen's Green and Earlsfort Terrace will be taken down during the next two weeks - offering the public a first look at the new development.

The building is still 6 months away from completion - when it is finished the project will be the first significant office development in Dublin since the property market collapsed.

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LXV.ie

The project is funded by businessman Denis O’Brien, and when it opens the rent roll for the 5,574sq m space will come to €3.6m per annum - with 41 parking spaces in the basement bringing in a further €164,000 annually.

Aercap, one of the world's biggest aircraft leasing companies, will pay rent of €645 per sq m - this is being seen as a new benchmark rate in the Capital. It will also contribute some €5m to the cost of fitting-out the building.

 

LXV.ie

LXV's literature places it at the middle of the upswings in both the Irish and global economies: "The resurgence of global business and Dublin’s constantly growing international credentials make LXV so much more than a central address."

It continues: "LXV is hours away from anywhere in the World, and perfectly appointed to welcome clients with the very highest expectations."


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