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U2 skyscraper plans suspended
Friday, 31 October 2008
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The U2 Tower in Dublin has been shelved because of the economic downturn.
The €200 million design by architect Norman Foster was to house the rock band's egg-shaped recording studio at its peak.
Dublin Docklands Authority has confirmed it was suspending the project for a year because of the current uncertainty in the property and financial markets.
DAA insisted it was committed to the 120m high development.
'The objective is to see this landmark project completed', the DAA said in a statement.
With the U2 Tower shelved, Belfast's £90m Aurora building which will stand at 37 storeys will become Ireland's tallest building. The 109-metre Aurora building will house 291 luxury apartments and be situated on Great Victoria Street, at the corner of Ventry Street.
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90%
10%
where has the celtic tiger gone now?!?!
Posted by Aaron | 02.11.08, 13:28 GMT
Yep Steve - is it 'Head in the clouds' or maybe 'Head in the sand' while prices plunge might be more apt....?
Posted by Deflated Bubble | 01.11.08, 14:03 GMT
They just need to scale things back a bit, carve the likeness of Bono out of a mountain or something.
Posted by Sean | 31.10.08, 21:36 GMT
Will Sinead O'Connor be building a church and a care home for the elderly too?
Posted by Edwarde Sanspoisson | 31.10.08, 19:59 GMT
I guess Bono spent all the money on his new bedroom. Wait, perhaps the Congo can get some more of his CD's sold? Probably do a Christmas song for the Congo. What a great guy!
Posted by billy from north belfast | 31.10.08, 18:39 GMT
Are there still 291 people in the City who want a luxury apt. and more importantly can afford one.
Views over Belfast or head in the clouds?
Posted by Steve Millar | 31.10.08, 17:40 GMT
I hope the Westlife phonebox still has the go-ahead!
Posted by Steve | 31.10.08, 17:15 GMT