Ronan Group Real Estate (RGRE), owned by Johnny Ronan, is considering a plan for the development of a new boutique hotel in Dublin’s north docklands.
Should it proceed, the proposed hotel on Upper Mayor Street would see the demolition and replacement of a row of five terraced houses which the developer purchased recently for €3.8 million. The overall value of the portfolio was driven by its location immediately adjacent to RGRE’s Project Waterfront site.
Ronan’s company Waterside Devco No 1 Limited is understood to have exchanged contracts with Birr-based Niamh Garry last December to buy 34, 36, 37, and 38 for €3.54 million, and with her family member, Brendan Garry to buy number 35 for €260,000. The Garry family run the well-known short-stay accommodation business Canbe.