Boost To Irish Market As U.S. Healthcare Giant Backs Galway Scheme

Galway city
Edward Capital Is Looking For €33M For Its Galway's Waterfront.office Block.

In a major boost to Ireland’s life sciences sector, U.S.-based health data platform company Datavant is to site its global research and development centre in a new 15K SF office at the €104M mixed-use Bonham Quay campus in Galway.

Datavant Ireland is taking the top two floors in the Calatrava building at Bonham Quay and is to begin fitting them out on a phased basis, with the seventh floor scheduled for completion by mid-September and the 6th floor by the end of the year.

Phoenix, Arizona-based Datavant is a major player in healthcare data exchange and has more than 8,000 employees worldwide and is paying around €40 per SF for the office space on a 15-year lease.

The building complex is situated on the waterfront in the city centre and will accommodate up to 160 workspaces for Datavant. It has been designed to achieve Gold LEED accreditation as well as Gold for the WELL Building Standard and Wired Certification.

Bonham Quay Galway is part of a wider regeneration and comprises four modern, waterfront buildings in a large-scale, interconnected urban campus. In all, it will house more than 3,500 workers, and phase 1 comprises two blocks, which have been completed and are fully let. Tenants include Diligent, Genesys and Signify Health.

Phase 2 completed last year and Calatrava provides circa 77.5K SF of office accommodation over seven floors together with 9.6K SF of ground-floor retail.

Designed by BDP Architects and constructed by John Sisk for Galway-based developer Edward Capital in partnership with London-headquartered Signal Capital, the building complex was created “to deliver a world-class sustainable office campus in the centre of the city, which offered tenants an alternative to tried and tested European cities,” Edward Capital Director Paddy MacDonald said previously.

“We set about benchmarking it against campuses across leading capital cities, such as London, Amsterdam and Dublin, to deliver a space that would attract global companies,” he added at the time.

“Datavant offers hybrid remote flexibility,” Datavant VP of Operations and Site Lead for Datavant Ireland Deirdre Giblin said in a statement. “Now, Datavant staff can combine working from a home office when it suits them to joining us in a state-of-the-art collaborative space in the heart of Galway that has been designed to foster both team and individual creativity.”

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Related Topics: Bonham Quay , Galway , Signal Capital
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