€10m refurbishment of Blackrock Village Centre continues

€10m refurbishment of Blackrock Village Centre continues

Savills announced today that works which began on Blackrock Village Centre at the end of January this year are due to reach completion in May 2020, bringing 1,501 sq.m. of retail space to the Dublin leasing market.

The renovation of the centre incudes a complete upgrade of the common areas, realignment of the malls and circulation and the installation of a contemporary, predominantly glazed covering, which will retain natural ventilation.

A new façade and entrance off Frascati road will change the exterior of the centre and car parking facilities will also be upgraded, with the introduction of a new vehicle exit onto Rock Hill.

The centre will extend to 6,176.6 sq m upon completion and is anchored by a 2,712 sq m SuperValu, one of Ireland’s largest grocery retailers. Parking is provided for over 200 cars and the centre is adjacent to Blackrock DART Station.

There are over 30 units in the centre and well known retailers include Lloyds Pharmacy, Holland & Barrett, L’Occitane, Dubray Books and Diffneys Menswear. Blackrock is also an established and popular suburban office location, with major occupiers including Zurich Insurance, Canada Life, Eagle Star, IFG, Ulster Bank and AIB.

Speaking of the re-launch, Colin Kavanagh of Savills said, "Blackrock’s pedigree as a suburban commercial hub is well-established. Home to a myriad of large retail and financial houses, the village is a demand destination for many employers looking to open a base or grow an existing office in the area. We expect demand for retail space in Blackrock Village Centre to be strong as a result. We are looking to build on the convenience nature of the centre to add brands and uses that will appeal to the specific catchment."

Source: www.businessworld.ie