Sunday, 14 March 2010

Treasury had big role in Docklands development

MANY people may never have heard of the company, but just look to Dublin's Docklands and Treasury Holdings has had a hand in building big chunks of the business hub.

It has been without doubt one of the country's most successful commercial property firms.

And it is one of a small number of firms still building landmark projects. The Montebetro office block -- a 15-storey building on Barrow Street close to the Phoenix Park in Dublin -- is due to be finished later this year.

At Spencer Dock it constructed a number of office blocks as well as upmarket apartments, while some of its landmark developments in the area include the almost complete National Convention Centre.

Treasury Holdings has developed sites such as the Westin Hotel in College Green, Dublin, in a former bank building, and a raft of other high-profile offices and commercial properties.

It also built the swish Ritz-Carlton hotel in Powerscourt, Co Wicklow. Richard Barrett also persuaded celebrity chef Gordon Ramsay to open a restaurant there.

Treasury Holdings' swanky offices in Dublin 4 were formally opened in late-2007 by then Taoiseach Bertie Ahern. He praised Treasury Holdings for its use of carbon-neutral cement in the convention centre, and using wood-pellet boilers in the Ritz-Carlton. Treasury Holdings now has interests in China, Russia, Sweden and France, as well as in London.

Irish Independent

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