Dublin City Council

Central Bank to spend €300,000 taxpayers’ money on modern art installation

The Central Bank of Ireland has succeeded in its planning application to install a work by Eva Rothschild outside its North Wall Quay office in Dublin. The sculpture envisaged as a Double Rainbow will be a ‘multi-directional arch’ rising to 10.5 metres and swooping over the centre of the plaza, spanning a distance of 14 metres before touching down lightly on the ground at eight different points.

The cost of the sculpture, estimated to be €300,000, will be met by the taxpayer. The piece has already featured at the TATE Britain, the Walker Art Centre, Minneapolis and Central Park, New York City.

Henry J Lyons Architects stated that the plaza space to the north of the Central Bank building “is a threshold location with people constantly passing through.” The structure will be in situ in 2020.

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