Ireland: The former Zanzibar nightclub in Dublin is the subject of a planning application for an aparthotel conversion.
The aparthotel, planned for the site of Zanzibar and the Bondi Beach nightclub on Dublin’s Ormond Quay, will have 165 rooms in a seven-storey development.
Targeted Investment Opportunities ICAV – a fund connected to US investment group Oaktree Capital Management – has applied for planning permission from Dublin City Council for the development. It is thought that Oaktree – which owns serviced apartment operator SACO, will brand the property under its Locke flag.
Oaktree acquired the site for more than €10 million last December.
The building of the new aparthotel will require the demolition of a number of existing buildings on Great Strand Street to make way for extensions to the protected structures that make up the site on Ormond Quay. Works to these protected structures will include internal upgrade works, removal of roller shutters and the reinstatement of shop fronts, as well as replacement windows with approved Victorian and Georgian window details.
The proposed aparthotel development would have an overall gross floor area of 8,565 square metres accommodating 165 bedrooms. It would also include meeting rooms, a gym, a café, bar and restaurant area, as well as a coffee kiosk on Ormond Quay.</p
