Joint Receivers Stephen Tennant and Paul McCann of Grant Thornton have lodged a planning application, funded by the National Asset Management Agency (Nama), to Dublin City Council (DCC) for the development of a 224,500 sq. ft. office building at the Point Village in Dublin’s Docklands.

At 73 metres high, the 'Exo’ building would become Dublin’s tallest commercial office building and could accommodate up to 2,000 office workers. Nama is funding the planning application as part of its overall commitment to facilitate the delivery of new development within the provisions of the Dockland’s Strategic Development Zone (SDZ), as approved by Dublin City Council and An Bord Pleanála.

The Exo is designed by Irish architectural practice Shay Cleary Architects.

Subject to planning approval, construction will take approximately 24 months and will create over 350 jobs in the process, according to the developers. They added that the overall development construction cost will in the region of €80m.

Meanwhile, Grant Thornton also announced this morning that Starbucks, Eddie Rockets, Piano Plus and several other retailers have  entered into leases to open stores within The Point Village Centre and are due to commence opening in early 2016.

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Stephen Tennant from Grant Thornton commented: “The Point Village has the potential to become Dublin’s newest commercial, entertainment and leisure hub. The economic downturn stalled its progress, but due to the strong demand for quality office and retail space in Dublin, it is now the opportune time to recommence development of a new commercial and entertainment hub.”

Brendan McDonagh, chief executive of Nama, added: “This is part of the extensive land area within the SDZ connected with NAMA and we look forward to supporting further significant planning and development projects within the SDZ over the remainder of this year and into 2016.”