The band may be forced out of their Dublin because of plans to gentrify the quayside area where they're based...

U2 may have to move to a new studio in their native DUBLIN because of plans to gentrify the area in which they currently work.

The studio, based on Hanover Quay, has seen the group record four albums since 1994, as well as being a base for demoing songs for the follow-up to their Grammy nominated last record ‘All That You Can’t Leave Behind’.

According to the Irish Times newspaper, the Dublin Docks Development Authority (DDDA) has issued a compulsory purchase order on the building so the area can be redeveloped to incorporate retail, residential and recreational facilities.

Campaigners on behalf of the band claim the studio should serve as a landmark to the group, although a statement has been issued to NME.COM, hinting U2 would be willing to move if “change is inevitable”.

It reads: “U2 love the docklands area and have always worked here. Although they are very happy in their present studio, and would very much like to stay, they appreciate that change is inevitable and often for the best. They would definitely consider moving to somewhere in the vicinity, should a suitable property be offered as an alternative.”

Discussions on the future of the studio are still ongoing.