Liam Carroll: €250m purchase

Developer Liam Carroll's representatives have written to An Bord Pleanála claiming that the appeals board is now in a position to grant permission for the proposed headquarters of Anglo Irish Bank on Dublin's north quays following the granting of planning permission for a second building on the site.

The planning authority had requested revised plans for the project, having raised concerns that the half-completed development was not fully in accord with proper planning and sustainable development. A number of problematic issues were identified, including a lack of vehicular access from the public road to the basement car park and omission of an east-west road serving the development.

Carroll's North Quay Investments (NQI) was developing the building but the company is currently in receivership and no work has been carried out on the skeleton structure since Sean Dunne brought a legal action claiming that it should never have been authorised by the Dublin Docklands Development Authority (DDDA). Dunne's North Wall Quay Property Development owns land surrounded on three sides by the Carroll site.

However, NQI subsequently received planning permission from Dublin City Council to retain the existing building work and complete the block. That decision is currently the subject of an appeal by Dunne.

Planning consultants acting on behalf of NQI have submitted revised plans to An Bord Pleanála but have pointed to planning permission recently granted for a second block to neighbour the Anglo HQ which they say addresses many of the difficulties identified.

The outstanding issue of an east-west route through the site can be addressed through future applications or addressed as a condition attached to permission granted, say the consultants.

"The granting of permission for the [Block 2] development goes a significant way towards addressing the issues raised in the Bord's request and we ask that due consideration is given to these changed circumstances... We submit that the Bord can proceed to grant permission for the retention and completion of Block 1 as sought without the revised plans now submitted," they state.

Carroll bought more than €250m worth of development land in the area several years ago. He had been in talks to sell more than 20 apartments at the nearby Castleforbes residential scheme he developed to the Dublin Docklands Development Authority for €4.5m but it is seeking to have the price reduced.