The party's TD for Dublin Bay North Denise Mitchell said the idea that housing priced at €380,000 is affordable is nonsense.
She said: "Proper affordable housing is required, and that is why we’ve taken the decision to oppose the development of the site until this has been agreed.
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"People are being continuously priced out of areas where they’ve grown up and lived for decades, and it's a trend reflected right across the city.
"Dublin City Council is set to take a vote on the plans to approve the OTR development next week, and we hope that Councillors from other parties can come together and oppose this on the grounds that it doesn’t deliver affordable housing.
"It requires a re-think, and the cost of these houses must be within the reach of workers and families who need them."
