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Ireland: Property developer and investor Paddy McKillen is to open a 52-bedroom property in 2013.
The premises – three converted Georgian buildings – at 32 to 34 Harcourt Street, will also house a nightclub which will open in December 2012 and is run by McKillen’s son Paddy Jr.
His 30-year-old son, Paddy Jnr, will spearhead the project. He will open the doors to a new nightclub in the Harcourt Street premises next month in time for the Christmas party season.
The Irish Independent quotes a local hotelier as estimating that the cost per room for such a project could be as much as €100,000, making the total make development costs likely to run well above €7 million.
McKillen Snr lost a case at the High Court in London this summer. The court ruled against him in a case in which he claimed the Barclay brothers – billionaire proprietors of the UK’s Daily Telegraph – had improperly taken control of Coroin, the holding company for Claridges, the Berkeley and the Connaught hotels in London. He will be appealing a number of points from the ruling in coming weeks.
