{"id":242523,"date":"2025-12-20T09:32:11","date_gmt":"2025-12-20T09:32:11","guid":{"rendered":"https:\/\/www.europesays.com\/ie\/242523\/"},"modified":"2025-12-20T09:32:11","modified_gmt":"2025-12-20T09:32:11","slug":"quinns-pub-investors-query-launch-date-the-irish-times","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/ie\/242523\/","title":{"rendered":"Quinn\u2019s pub investors query launch date \u2013 The Irish Times"},"content":{"rendered":"<p class=\"c-paragraph paywall \">Backers are questioning delays in the reopening of a landmark pub for which developer Simon Kelly raised about \u20ac1 million through a State scheme.<\/p>\n<p class=\"c-paragraph paywall \">Mr Kelly\u2019s Discipulo Developments is renovating Quinn\u2019s Pub in <a href=\"https:\/\/www.irishtimes.com\/tags\/drumcondra\/\" target=\"_self\" rel=\"nofollow noopener\" title=\"https:\/\/www.irishtimes.com\/tags\/drumcondra\/\">Drumcondra<\/a>, <a href=\"https:\/\/www.irishtimes.com\/tags\/dublin\/\" target=\"_self\" rel=\"nofollow noopener\" title=\"https:\/\/www.irishtimes.com\/tags\/dublin\/\">Dublin<\/a>, once a popular watering hole with fans attending matches in Croke Park.<\/p>\n<p class=\"c-paragraph paywall \">Individuals who bought into the venture through the State\u2019s Employment Investment Incentive Scheme (EIIS) maintain that the pub\u2019s reopening has been put off several times this year.<\/p>\n<p class=\"c-paragraph paywall \">They say Discipulo originally intended to restart on St Patrick\u2019s Day, but then postponed it to several points in the summer.<\/p>\n<p class=\"c-paragraph paywall \">One backer maintains that Mr Kelly has not said anything about a likely launch date for some time.<\/p>\n<p class=\"c-paragraph paywall \">The timeline in Discipulo\u2019s publicity material for prospective EIIS investors shows that the pub was due to reopen this year, although it does not specify a date.<\/p>\n<p class=\"c-paragraph b-it-article-body__interstitial-link\">[\u00a0<a aria-label=\"Open related story\" class=\"c-link\" href=\"https:\/\/www.irishtimes.com\/business\/2025\/11\/24\/redquartz-offers-investors-private-bond-backed-by-government-accommodation-contracts\/\" rel=\"noreferrer nofollow noopener\" target=\"_blank\">Redquartz offers investors private bond \u2018backed by Government accommodation contracts\u2019Opens in new window<\/a>\u00a0]<\/p>\n<p class=\"c-paragraph paywall \">However, Mr Kelly told The Irish Times on Friday that Quinn\u2019s could finally reopen in the last week of January, depending on how quickly the remaining work can be finished.<\/p>\n<p class=\"c-paragraph paywall \">He acknowledged that Discipulo had hoped to reopen the pub sooner.<\/p>\n<p class=\"c-paragraph paywall \">\u201cIt\u2019s been very complicated, if you have seen the building, it\u2019s very old,\u201d he said.<\/p>\n<p class=\"c-paragraph paywall \">Mr Kelly argued that delays are a normal part of \u201cconstruction in Dublin\u201d and pointed out that the business kept the number of workers on the project \u201ctight\u201d in order to control costs.<\/p>\n<p class=\"c-paragraph paywall \">\u201cWe are bringing workers back early over Christmas to try and get it finished,\u201d he added.<\/p>\n<p class=\"c-paragraph paywall \">The venture could have done a partial relaunch of a small bar at the front of the building, but decided against this in favour of a full reopening when the entire premises was ready, Mr Kelly explained.<\/p>\n<p class=\"c-paragraph paywall \">Investors have also queried the fact that Discipulo is still advertising that its EIIS remains open until the end of this year.<\/p>\n<p class=\"c-paragraph paywall \">The company began raising cash in 2024 and sought \u20ac1 million through the EIIS. The project\u2019s total cost is \u20ac2 million.<\/p>\n<p class=\"c-paragraph paywall \">Mr Kelly said it had about \u20ac35,000 left to raise from EIIS backers.<\/p>\n<p class=\"c-paragraph paywall \">The company is considering opening a new EIIS to redevelop the vacant part of the Drumcondra site, but has yet to decide what it will do with this space, Mr Kelly confirmed.<\/p>\n<p class=\"c-paragraph paywall \">Participants in the EIIS can claim relief against their <a href=\"https:\/\/www.irishtimes.com\/tags\/income-tax\/\" target=\"_self\" rel=\"nofollow noopener\" title=\"https:\/\/www.irishtimes.com\/tags\/income-tax\/\">income tax<\/a>. It is one of a number of State schemes designed to aid businesses in raising cash and creating jobs.<\/p>\n","protected":false},"excerpt":{"rendered":"Backers are questioning delays in the reopening of a landmark pub for which developer Simon Kelly raised about&hellip;\n","protected":false},"author":2,"featured_media":242524,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_share_on_mastodon":"0"},"categories":[73],"tags":[79,30330,52,18,19,5233,17,109746],"class_list":["post-242523","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-business","tag-drumcondra","tag-dublin","tag-eire","tag-ie","tag-income-tax","tag-ireland","tag-pub-market"],"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@ie\/115751206528342734","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts\/242523","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/comments?post=242523"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts\/242523\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/media\/242524"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/media?parent=242523"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/categories?post=242523"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/tags?post=242523"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}