Paddy McKillen Jr and Matt Ryan’s property developing company Oakmount has received approval from Dublin City Council to develop a new hotel in Dublin’s Docklands area.
The building, a six-storey, 60 bedrooms hotel is located at 82 North Wall Quay and it has been reportedly purchased for €5 million in 2015. A further €10 million investment is expected to go into the completion of the project.
The neighbouring property, a 19th century building originally purposed as a pub at 81 North Wall Quay has also been green-lighted for Oakmount to restore it and to bring it back to its original use, connecting the pub and the hotel, which will also feature a rooftop restaurant, a ground floor bar and restaurant a terrace area and a café.
This new hotel is expected to be open for business late in 2018.
Known for setting a benchmark in modern day city living and premium office space, Oakmount boast an impressive portfolio of premium developments throughout Dublin. Founded in 2010, Oakmount have a vision for dynamic and innovative properties, which is evident in every property they have been involved in since its inception.
Just some of the inspiring properties produced by Oakmount include; One Percy Lane, 55 Percy Place, The Dean Hotel, Morehampton (Dublin 4), North Wall Quay (Dublin 1) and Charlemount (Dublin 2) to name but a few. Raising the bar in modern Irish design and architecture, Oakmount are dedicated to producing superbly designed buildings that are built and finished to the very highest of standards, a dedication that is shared by the professional teams that work with the company.
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