The development – known as Coopers Cross – will deliver 390,000 sq ft of office space across two buildings which will reach up to six storeys in height.
It is expected that construction work will be completed in 2023.
The site, which Kennedy Wilson and its joint venture partners – AXA Investment Managers and Cain International – acquired for €113m last year, already has planning permission for 449 private rental units.
The commercial and residential areas will be connected via one acre of landscaping, and “the largest outdoor public park in the North Docks,” according to Kennedy Wilson.
In addition, the office buildings will accommodate 800 bicycle parking spaces.
Established in 1977, Kennedy Wilson has invested heavily in the Irish market in recent years, primarily in build-to-rent apartment complexes.
Peter Collins, president of Kennedy Wilson Europe, said: “The North Docks is fast-becoming a destination of choice for Irish and multi-national companies seeking modern, flexible floorplates within close proximity of public transport, the Port Tunnel and Dublin Airport, where Coopers Cross will add to the significant regeneration already underway.”
REF: Independent
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