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"I don't find interviews easy. All the introspection involved isn't good for you." -- Edge, 2000 |
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"I don't find interviews easy. All the introspection involved isn't good for you." -- Edge, 2000 |
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U2 Take Property Higher
Irish Independent,
June 09, 2006
Rock group U2 are embarking on their first residential development with a EU36m apartment development at 30-32 Sir John Rogerson's Quay in Dublin's south docklands.
The eight storey project will be smaller than the 35 storey tower on the top of which they will have a new recording studio. It is being developed by the Dublin Docklands Development Authority at Britain Quay on Grand Canal Harbour. U2's own project -- a 90 apartment development -- will be located closer to the city centre, to the west of the Ferryman pub, located near the corner with Macken St. It will be built in three blocks of eight storeys. The project will also involve the retention of part of an old warehouse office building, which is a protected structure. U2's development vehicle is their pension fund, Princus Investment Trust, which is named in the application to Dublin City Council for planning permission. The new apartments will be a short distance along the quay from the EU55m DDDA tower which will accommodate U2's new recording studio on the top floor. A dedicated lift will bring the musicians directly from the entrance and, with its significant sound-proofing, the downstairs residents may not even know when they are around. Some 32 of the 35 storeys will be devoted to luxury apartments. The other apartments on Sir John Rogerson's Quay will have frontage onto the frontage onto the Liffey and as a result the two bedroom units could fetch prices of over EU500,000 and three bedroom penthouses over EU1m. © Irish Independent, 2006.
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