Point Village

The Point Village is a commercial and residential development in the North Wall area of Dublin, Ireland. The elements of the €800 million development completed to date include offices and residential and hotel accommodation, a small shopping centre, a cinema, a museum and a five-level underground car park.[1] The development ran into a number of problems and was taken over by NAMA in April 2013.[2]

Exo Tower, Dublin under construction in the Point Village area in June 2020
Point Village
Office block development at the Point Village
Coordinates: 53.348°N 6.229°W / 53.348; -6.229

Development projects

Point Square

The main building of the development - now branded as Point Square - containing the retail, hotel and cinema elements as well as office space - was completed prior to the economic downturn, however the retail element did not open except as an entry to the cinema.[3]

Dunnes Stores had agreed to be the anchor of the retail element, but has delayed opening the store for more than a decade, appealing repeated legal demands to do so.[4] The external units have now all been occupied by food service companies including Starbucks and Eddie Rockets. Some of the internal units are to be combined and converted to health or leisure units due to continued low demand for retail [5]

The office space has been taken by Oath,[6] moving some operations from their main location at East Point Business Park, and Voxpro.

The hotel element of the development operates as The Gibson Hotel, opened in June 2010 and including nine suites, with access to terrace gardens. It also includes a spa, gymnasium, two outdoor hot-tubs and large conference facilities.[7]

Other tenants include CrossFit and Freshii.

3Arena

The 3Arena (formerly the O2 concert venue) opened in December 2008, built on the site of the former Point Theatre,[8] a music venue which operated from 1988 to 2007. Following its closure, the site underwent major redevelopment and was renamed after O2 phone company.[9] In September 2014, the music venue was renamed 3Arena, after O2 Ireland was sold to Three.[10]

Student accommodation

Student accommodation provider Host has built a 996-bed unit named "Point Campus" to the North of the development, featuring retail on the ground floor, where tenants include Centra, Pita Pit and Camile Thai.

Under construction projects

The 73m "Exo Building" is, as of 2020, under construction on the site of the cancelled Watchtower Building at the Eastern end of Point Village.[11]

An aparthotel is under construction to the West of the 3Arena, filling the last empty site. This hotel was acquired by SACO, a UK based apart-hotel group, and will be operated by Lockeliving.[12]

Temporary or cancelled projects

The Point Village Market was the city's largest outdoor weekend market. Held at the Point Village Square, it was open from May to November 2010.[13] The Revolver, a €10m "observation wheel", also operated in the Point Village Square from July 2010 until November 2011.[14]

The Dublin Flea Market held its annual Christmas event inside the Point Square building until 2018,[15] with the building being unavailable for 2019.[16]

There were plans to build a 120-metre skyscraper (called the "Point Village Watchtower"), which would have included apartments, office space, a miniature TV and radio studio, and rooftop bar and restaurant with panoramic views over Dublin Bay. Although the developer invested circa €15 in underground works, the project was abandoned due to the difficult economic climate.[17]

Castleforbes Square

The corner of Castleforbes Square offices and apartments also faces on to the square area and includes some occupied retail units such as for Insomnia Coffee Company.

Transport

The Point Luas stop, he easternmost terminus of the docklands extension of the Luas Red Line light rail system is located in the middle of the development. This Luas link to Tallaght connects the Point Village to other transport options, including the DART, suburban rail, Busáras, mainline rail, and the future Dublin Metro. The Dublin Port Tunnel southern portal is located nearby.

Preceding station   Luas   Following station
Spencer Dock
towards Tallaght or Saggart
  Red Line   Terminus

See also

References

  1. "Point Village / Watchtower". DDDA. Retrieved 2010-07-15.
  2. "NAMA takes control of Bord Gáis Energy Theatre and Point Village". RTÉ News. Retrieved 2013-04-19.
  3. "Point Village Market to open today at Docklands". Irish Times. 2010-05-05. Retrieved 2010-07-15.
  4. https://www.irishtimes.com/business/retail-and-services/judge-rejects-alice-in-wonderland-claims-by-dunnes-over-point-village-settlement-1.3972176
  5. https://fora.ie/the-point-village-receivers-change-of-use-retail-leisure-4677040-Jun2019/
  6. "Facebook tops list of Dublin office deals. Here's the full top 10". thejournal.ie. 2014-02-17.
  7. "Choice to open Gibson Hotel in Docklands next month". Irish Times. 2010-05-05. Retrieved 2010-07-15.
  8. Carroll, Jim. "Meet the new venue on the block – The O2". Irish Times. Retrieved 2010-07-15.
  9. "Live Nation's Point Theater in Dublin to Be Renamed The O2". Reuters. 2008-07-07. Archived from the original on 2009-01-09. Retrieved 2010-07-15.
  10. Pattison, Brymor (2014-04-09). "Pictured: The O2 in Dublin is renamed as the 3Arena". Irish Mirror. Retrieved 2014-09-18.
  11. https://www.theexobuilding.com/
  12. "North Docks Aparthotel Site To Get The Hipster Treatment After Brookfield/SACO Acquistion [sic]". www.bisnow.com. 9 August 2018. Retrieved 9 January 2020.
  13. Point Village Market Archived 2012-11-03 at the Wayback Machine
  14. Bray, Allison (2010-02-13). "Point Village sets wheels in motion for its big attractions". Irish Independent. Retrieved 2010-07-15.
  15. https://www.irishtimes.com/life-and-style/food-and-drink/dublin-flea-christmas-market-to-take-place-next-month-1.3695313
  16. https://www.thejournal.ie/dublin-flea-christmas-closes-point-shopping-centre-4731046-Jul2019/
  17. "Dunnes settle Point row with Crosbie". Business World. Archived from the original on 2011-06-14. Retrieved 2010-07-15.
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