This is what Boland's Mill will look like following its €150m development
Boland's Mill is one of Dublin's iconic buildings, if only for its forlornness among the shiny, modern buildings surrounding it.
But iconic it is.
The Mill was originally built for Boland's Bakery, and dates back to the 1830s.
Historically important to the city of Dublin, the Mill became a landmark site after it featured in the 1916 rising. The buildings have been derelict since 2001.
Now, the site is the subject of a €150 million development spearheaded by NAMA,
The application by the National Asset Management Agency proposes to restore the five derelict buildings on Grand Canal Dock.
The plans include a 14-storey office block, cafes, restaurants, cultural and retail development, and apartments, totalling around 400,000 sq. ft.
42 two and three-bedroom apartments will be created, along with office space for about 2,300 workers, a cultural and exhibition space, in addition to retail and restaurant space.
Mark Reynolds of Savills said: "Dublin City Council's decision to grant planning permission for the development of Boland's Mill is great news for the docklands and Dublin as a whole."
Nama Chief Executive Brendan McDonagh welcomed the planning approval. "The agency recognises the positive and proactive approach of the city council, both in approving the SDZ Scheme in 2014 and in progressing complex planning permissions such as this one, since then.
"Nama is committed to increasing the value of secured assets in our portfolio and maximising the amount we can recover for taxpayers," he added.