Construction Ireland Construction Directory
Time and date
CONSTRUCTION DIRECTORY
Share this page
Construction News
08/07/2008

€6m 'Lost' On Stalled Dublin Schemes

It's not just 'new build' construction projects that are running into economic problems as the current recession in the construction trade bites.

The Herald newspaper has reported that Dublin City Council has spent over €6m in "unrecoverable costs" on five stalled regeneration schemes around the capital.

The local authority has revealed it splashed out a total of €6.1m to date on "advertising, exhibitions, legal expenses, professional services and consultancy" for the public-private partnerships (PPPs).

The projects in question are St Michael's Estate in Inchicore and the north inner city plans for O'Devaney Gardens, Sean MacDermott Street, Dominick Street, and Infirmary Road.

Doubts were cast on all five PPPs in May after developer Bernard McNamara signalled he was withdrawing from the schemes.

-- Advertisement --

However, the council is currently in discussions with Mr McNamara in a bid to find a way forward in at least some of the projects.

City officials say they have spent €2.59m in unrecoverable costs on St Michael's Estate and €1.78m on O'Devaney Gardens.

A further €1.74m was spent on the other three PPPs.

The information was revealed to Councillor Christy Burke (SF), who asked the local authority for a breakdown of costs on preparation work for the schemes.

A contractor had won the tender to redevelop the five sites into a mix of social homes and private apartments in separate bids.

The total value of the contracts is €900m.

At the council meeting in June, city housing official Ciaran McNamara revealed the developer was putting forward new proposals on how the projects could proceed.

"I told him the projects can only proceed within in the context of the rules of the PPP process as he bid for it," the official told the meeting.

Concern had been growing about the fate of the €265m St Michael's project after progress had been painfully slow.

The St Michael's project, which has been in planning since 2001, was to include 720 new private and social housing units, a crèche, a civic centre, retail spaces, restaurants, bars, a health centre and all-weather pitches.

Some 278 flats at O'Devaney Gardens were to be demolished and replaced with 830 new homes, of which 300 were planned to be sold on the open market.

(BMcC)

Latest Construction News

03/05/2024

Construction work has commenced on a new £9 million build at Rowandale Integrated Primary School in Moira. Funding from the Fresh Start Programme will facilitate the establishment of a new, modern primary school, with 14 classrooms and a nursery unit capable of accommodating over 340 ...
03/05/2024

Minister for Agriculture, Food and the Marine, Charlie McConalogue T.D. together with Leas Chathaoirleach of Donegal County Council, Cllr Gerry McMonagle, has opened the Greencastle Harbour Breakwater. The 270-metre Breakwater aims to improve the protection of vessels in the harbour against wave ...
03/05/2024

NI Water has initiated a £3.5 million improvement programme at Newcastle Wastewater Treatment Works (WwTW). Murphy Dawson Wam JV is undertaking the project, which focuses on improving the three-stage treatment process at the current facility. This will entail installing new filtration gear and a ...
03/05/2024

Bennett Construction has announced that it has achieved Practical Completion (PC) on the Tristan Square Development in Chapelizod, Dublin. The project includes the construction of 180 social and affordable apartments split in to one, two and three bed homes over three blocks. Each of the units are ...
03/05/2024

SSE Renewables and FuturEnergy Ireland have revealed that Microsoft has committed to a lengthy Corporate Power Purchase Agreement (CPPA) with the co-developers. This agreement will inject 30MW of wind energy into Ireland's power grid through the recently launched Lenalea Wind Farm, located near ...
03/05/2024

Farrans has announced that it has collected three awards, including one Gold, at the Considerate Constructor Scheme's National Awards. The CCS National Awards honour outstanding sites, organisations and people who show exceptional commitment to the Code of Considerate Practice in Community, ...
03/05/2024

County Down headquartered GRAHAM has started construction work on a new £59 million low-carbon development in Edinburgh. The Burnet Point scheme in Abbey Lane which combines student flats, build-to-rent and affordable homes is the first-ever mixed-use residential development of its kind by Unite ...
03/05/2024

Alliance's Housing spokesperson, Kellie Armstrong MLA, has welcomed the NI Federation of Housing Associations (NIFHA) commitment to reduce carbon emissions in social homes and combat climate change. Housing associations are currently in the process of developing a scheme set to launch this autumn. ...
03/05/2024

Fibrus has announced that it has exceeded its 80,000 customer milestone, as it gains over 50,000 customers in just one year. The broadband provider burst on to the scene to transform the digital infrastructure of rural and regional areas of Northern Ireland and has shaken up the market due to its ...
03/05/2024

Infrastructure Minister, John O'Dowd, has announced his support for the 'No Mow May' approach to help promote biodiversity on the roadside during this month. The Department for Infrastructure oversees the maintenance of 45,000km of grass verges along the road network. In recent years, it has been ...
Materials Market LtdNorthwest Drilling ServicesMaterials Market LtdToner Damp Proofing SuppliesMcHale Plant Sales LtdFITACTool FixShannonside GalvanizingCarlow Concrete TanksSlanetrac
Terms and Conditions
2024/05/04 08:40:21