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Moore Street Company that tried to buy 1916 Moore Street building is voluntarily wound down

Funds raised in attempt to purchase site will be returned to all 110 donors

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The leaders of the Easter Rising surrendered from 16 Moore Street

The leaders of the Easter Rising surrendered from 16 Moore Street

The leaders of the Easter Rising surrendered from 16 Moore Street

A company launched in 2015 to raise money to buy a building used by rebels during the Easter Rising is being wound down and the funds returned to donors.

The 1916 Centenary Bonds Committee Ltd is being voluntarily struck off.

It was established primarily in an effort to acquire 16 Moore Street, Dublin.

The premises was the final refuge of the provisional government as the British squeezed rebels from the GPO on nearby O'Connell Street.

A wounded James Connolly was among those in the Moore Street redoubt.

From there, the Rising's leaders decided to surrender.

Nurse Elizabeth O'Farrell made her way from 16 Moore Street to British forces to inform them of the rebels' intention.

The building, owned by the State, is in an area largely under the control of UK retail property group Hammerson, which co-owns shopping malls including Dundrum Town Centre and the Ilac Centre

Hammerson has advanced plans to create what it calls 'Dublin Central' over more than five acres of land, including the Moore Street properties connected to the Rising.

The 1916 Centenary Bonds Committee aimed to raise €10m to try to acquire the property and adjoining units on Moore Street. It was spearheaded by writer Frank Allen.

Its fundraising effort was launched in late 2015, encouraging donors to buy a 'bond' for €100.

Mr Allen confirmed that 1916 Centenary Bonds Committee Ltd is being wound down.

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"We started in December 2015 but Judge Max Barrett's High Court ruling in early 2016, designating the whole battlefield site as a national monument deserving the preservation of the State, made us abandon the scheme," he told the Herald.

At that stage, the Committee had sold 110 bonds, said Mr Allen.

Judge Barrett visited the Moore Street sites in advance of making his landmark ruling.

The Government had claimed the case being taken by Colm Moore of the 1916 Relatives' Association to seek protection for the Moore Street properties was an "abuse of process".

It also appealed the High Court ruling to designate the Moore Street battlefield site as a national monument.

"At one stage we were looking at putting a piece of sculpture into the restored buildings on behalf of the bondholders, but eventually we decided that the best course of action was to wind down the company on the basis of returning the bond money," Mr Allen said.

He is shouldering administrative costs associated with the company so that supporters get all their money back.

Hammerson's plans for Dublin Central include new pedestrian routes, two new squares and other features.

The State aims to appropriately restore the Rising buildings on Moore Street.

"We have huge reservations about Hammerson's plans for Moore Street and we recently put in a formal objection to their planning application," Mr Allen said.

"We do not want any part of the 1916 terrace to be demolished and have outlined a specific cultural use for each building."

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