What matters
A vibrant retail core is essential for any thriving city, and Dublin is no exception. Retail areas are more than just places to shop—they’re central to a city’s economy, culture, and social life.
A strong retail core attracts both locals and tourists, creating a dynamic environment where people come to shop, dine, and experience the city. In Dublin, areas like Grafton Street, Henry Street, and Temple Bar serve as key hubs, offering everything from high-end fashion to local products.
Whilst policing, attractive public spaces, city identity and culture rank ahead of a vibrant retail core in the view of our research sample, a thriving retail core supports a wide range of businesses, providing thousands of jobs.
However, derelict buildings and vacant properties in key areas can detract from the city’s appeal, discouraging consumers and investors, and they have a social and economic cost. These derelict buildings could also help address the housing challenges, outlined throughout this report.
“Reintroducing targeted Section 23 relief could promote residential living in Dublin’s core,” suggests KPMG Tax Partner Olive O’ Donoghue. “It has the potential to make the city centre more liveable, and enhance its overall vibrancy”, she continued.
“Reintroducing targeted Section 23 relief could promote residential living in Dublin’s core,” suggests KPMG Tax Partner Olive O’ Donoghue. “It has the potential to make the city centre more liveable, and enhance its overall vibrancy”, she continued.
Dublin City Council initiatives such as the Dublin City Retail Strategy have sought to explore ways to enhance the shopping experience, mitigate against online shopping, and support businesses, however, continued investment will be key to ensuring Dublin’s retail core remains a vital driver of the city’s economy and identity.