Diageo Set To Develop New 'Urban Quarter' Adjacent To St. James's Gate
Diageo has announced that it is looking for a partner to revamp 12.6 acres of its St. James's Gate site in Dublin.
According to The Irish Times, the company is aiming to develop a new "dynamic" urban quarter in the Liberties, made up of a mixture of residential, commercial and office spaces. Upon completion, the intent is to open the new quarter up with streets and public spaces, fully integrating it into the surrounding local area.
Advances in technology allowing Guinness to brew its beverages in a smaller space have freed up the 12.6 acres in question, with its development planned to take place in phases due to the scale of the project.
Diageo stated that detailed plans will be outlined as soon as a "world-class" partner has been secured, but it is understood that the company intends to retain ownership of several key structures in the quarter, including St. James's Gate and the residence of Arthur Guinness.
Commenting on the announcement, Diageo Ireland country director, Oliver Loomes, said: "We are transforming our centuries-old vat house, brewhouses and cooperages into incredible spaces that will house and inspire a new generation of entrepreneurs, residents and visitors, dreamers and doers."