dugganbrothers | February 15, 2018
The Irish Stock Exchange, €10 Million expansion works to create a single campus corporate headquarters has commenced. Duggan Brothers (Contractors) Ltd is delighted to have been awarded the contract for this Dublin Headquarters building. The ISE has acquired the old landmark Armoury building on Foster Place off College Green which it intends to link back to its existing building on Anglesea Street through the construction of a new modern 4 storey office building which will marry the old and new structures to create a modern and vibrant statement building.
It is expected that the expansion will cater for up to 50% increase in staff numbers and provide capacity for its future needs. The expansion and planned integration of the adjacent buildings will deliver a state of the art financial services hub in Dublin City Centre while maintaining the link with the historic College Green.
Over the past three years the Irish Stock Exchange has increased its staff number to 114, an increase of 40%. This number is expected to continue to grow due to augmented business capacities and to target new revenue streams. The Irish Stock Exchange businesses now spans 80 countries with over 33,000 securities and over 4,100 issuers from multiple sectors listing on its markets. The new headquarters will enable the ISE to grow further and accommodate up to 50% more staff. The new building will have much improved amenities and will offer greater opportunity for public engagements.
The work comprises external refurbishment and repairs, demolition, internal modifications and refurbishment of both the Armoury Building and the Anglesea Street building.
The construction of a new four storey extension will be located to the rear of the building. The project shows great vision on behalf of the Irish Stock Exchange and its Architect, Henry J. Lyons, as it seeks to add new life to its existing historic base on Anglesea Street by expanding outwards with a modern extension which is sympathetic to its past.