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Central Bank of Ireland Properties

Dáil Éireann Debate, Thursday - 13 December 2018

Thursday, 13 December 2018

Questions (67)

Michael McGrath

Question:

67. Deputy Michael McGrath asked the Minister for Finance the estimated cost of building a skybridge between the Central Bank buildings; if a full cost-benefit analysis has been undertaken for such a project; and if he will make a statement on the matter. [52650/18]

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Written answers

The Commission of the Central Bank of Ireland is solely and independently responsible for administering the provision of accommodation and office and other equipment with a view to enabling the Bank to perform and exercise its functions and powers, as enshrined in Section 6B of the Central Bank Act, 1942 (as amended).

I am informed that the Central Bank Commission decided in October 2018 to enter into exclusive negotiations to purchase premises at the Dublin Landings development, (directly to the rear of the Bank's North Wall Quay (NWQ) building). This intended purchase is in line with the Bank’s overall long term accommodation strategy and will provide the most cost effective approach to the Bank’s property requirements.  

The vendor has submitted a planning application to provide a foot bridge between the Dublin Landings properties and the Central Bank’s NWQ building. While this planning application has been submitted with the agreement of the Central Bank, there is no obligation to construct the foot bridge and a decision on the matter, which is subject to planning application approval and cost benefit analysis, will be made in due course.  

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