Inside The €1B Redevelopment Of The Home Of Guinness
One of Ireland's most famous exports is helping Dublin import capital and interest into its red-hot real estate market from across the globe.
Everyone knows that Guinness tastes better in Dublin. And a host of global real estate giants are vying for the right to undertake a €1B redevelopment of the place where the black stuff is brewed.
Drinks giant Diageo is in the process of selecting a development partner for one of the biggest regeneration projects in Europe right now — the transformation of part of St James's Gate, the former Guinness brewery in Dublin, into a new 1.5M SF mixed-use quarter of the city.
The level of interest from global players in the site highlights the strength of Dublin's economy and hence its property market. It also shows how the biggest property firms active in real estate today have a hunger for large, mixed-use…
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