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Guinness to expand its 'Gravity Bar' as part of €16m Storehouse investment

The Gravity Bar at the Guinness Storehouse is set to double in size under the investment plan
The Gravity Bar at the Guinness Storehouse is set to double in size under the investment plan

Diageo has announced a €16m investment in Dublin's Guinness Storehouse, which will see it expand its rooftop bar and archive facilities.

Under the plan the centre's 'Gravity Bar' will double in size, bringing its capacity to 500 while also adding to the view it provides of Dublin city.

The Guinness Storehouse is Ireland's most popular paid tourist attraction, according to Fáilte Ireland, drawing 1.6m visitors last year.

Subject to planning permission the expansion work will commence next year, with the extra space set to open in late 2019. However Diageo says the existing bar will remain open to visitors during the construction phase.

The latest expansion brings Diageo's investment in the site to more than €80m since the late 1990s, including the €42m spent on its initial redevelopment and a further €27m spent in recent years to upgrade many of its attractions.

Diageo is also spending €25m to develop its Roe & Co whiskey distillery in the former power station of St James's Gate.

The announcement marks the latest investment to come to the Liberties area of Dublin.

Earlier this month planning permission was lodged for a €200m revelopment of Newmarket Square, which is home to the Teeling Whiskey distillery.

In March Quintessential Brands started construction on its €15m Dublin Liberties Distillery, while the Pearse Lyons Distillery - owned by food and beverage giant Alltech - is set to open later this year.

There is also a €100m plan to redevelop the Iveagh Market, however that has been delayed multiple times due to a legal dispute and financing issues.