Fears about the cost of housing plans, the cost of the cost of Johnny Ronan at the previous glass site in Dublin – The Irish Times

Fears of the provision of well -affected housing on the former Irish glass bottle location in Ringsund are escalating with the lack of a cost on the cost reached between the Dublin City Council and the Development Union of Johnny Ronan.

Pembroke Beach is about to complete the construction of the first 570 homes in the former industrial lands on Poolbeg, dedicated to Herry Hadari with up to 3,800 apartments.

However, in an e -mail to Sinn Féin Housing Eoin ó ó broin, the council said that there is no “agreement in force for” affordable homes “in the first stage” of development, with the costs of making the deal “very difficult” to achieve.

Last year, the apartments in the scheme would cost 495,000 euros for one bed and 675,000 euros against two beds.

While qualified home buyers at reasonable prices are granted a market -backed discount, the high indicative cost of apartments will continue to put them out of reach of most of the low -income buyers to the average.

The land on the peninsula at the eastern end of the city was vacant for more than 20 years after the glass company was closed in 2002.

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The site was purchased in 2006 for 412 million euros by a Dublin Decklands. The National Asset Management Agency (Nama) bought the debts associated with the site from the Anglo -Irish Bank, which has now ended after the collapse of the property.

The Council has formulated the plans approved by the Council of Ministers in 2016, in order to appoint the Earth’s Strategic Development Zone in order to accelerate the renewal of the region, especially for housing.

In May 2017, the Council, Nama and the Ministry of Housing reached an agreement that 15 percent of the apartments would be used to live at reasonable prices.

The council initially entered into negotiations with Nama regarding homes at reasonable prices and said he would be ready to buy plots from lands from the government agency.

However, Nama presented instead the site to the market with a consortium led by Ronan as the preferred bidder in December 2020. The Council has since been negotiating with Pimberruck Beach but was unable to finish the deal.

Sinator Sen Vin Chris Andrews, previously TD, told the region that society was “fought for nearly a decade” to secure homes that can be purchased at reasonable prices.

“[The council] We have been informed that the delivery of these houses at reasonable prices is suspicious, and that any social or affordable social homes are unlikely to be included in the first stage of this development. “

“This is completely unacceptable to the local population, who had to bear the high prices of high housing, insufficient social housing and years of broken promises from the government.”

The council told Sinn Féin that there was no condition that the affordable housing was part of any specific stage, and that the developer was working on a proposal to present the “affordable component through complete development”, but there was no “specific time frame for this so far.”

The council stressed that “there is no agreement yet to be the delivery of” houses at reasonable prices “in the first stage,” and he told the Irish Times that “the housing component at reasonable prices is subject to a commercial agreement with the developer, which takes into account the financing and value in exchange for money considerations.”

Pimberruck Beach, which includes Lioncor and Oaktree Capital, as well as Ronan Group Real Estate, refused.

However, it is understood that the developer intends to allocate a residential bloc in the first phase of social housing at reasonable prices, pending the agreement on the affordable element.