We all know this little corner of Dublin. It's remained the same for years, but now it might be time for a makeover.

The Irish Times has reported that two big investment companies are in the midst of looking for planning approval to revamp the corner of Nassau Street and Dawson Street.

The two companies are apparently trying to make it into a new little Grafton Street as they are searching for large international traders to set up shop on the corner facing Trinity College.

Over the past few years, it's been no secret that large retailers have been trying to get hold of buildings in the Grafton Street area, with Victoria's Secret and & Other Stories due to make their way in by the end of the year.

The re-vamp would also include about 100,000 sq ft of office space.