St. Vincent’s Hospital in Fairview which provides psychiatric services is eager to secure a a partner to develop a new purpose built hospital facility of 100 beds, in exchange for an undeveloped landholding, as well as existing hospital buildings.
The 21.40-acre north-side property comprises several historic buildings on a large landholding between Drumcondra and Fairview and accessed from Richmond Road.
The buildings comprise the main St Vincent’s Hospital Building in three sections and associated buildings. A section of the main building is included as a protected structure.
The new facility, extending to 120,019 sq. ft, will accommodate a mental health campus, in addition to a number of day centre facilities in what is known as a ‘Multi-Functional Mental Health Facility (MMHF) comprising 100 single bedrooms for continuing care.
John Swarbrigg, Director, Savills Ireland commented:
“In return for the timely delivery of the new St Vincent’s Mental Health Campus, the hospital will transfer the remaining undeveloped lands to the successful partner. The undeveloped lands are approximately 13.39 acres and could accommodate up to 600 residential units – subject to planning permission – in a location that is highly sought after. The undeveloped lands will be transacted on a phased basis, in conjunction with the delivery of the new St Vincent’s Mental Health Campus.”