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08/12/2008

Failed Dublin PPP Projects Get €8.5m Council Boost

Dublin City Council has announced plans to inject €8.5m into the regeneration of St Michael’s Estate, O’Devaney Gardens and Dominick Street.

Originals proposals for the schemes fell through earlier this year, when a Public Private Partnership was deemed no longer viable.

Dublin City Council said it wants to address the immediate needs of existing tenants as well as those on the city’s housing list.

New proposals were put forward to councillors last week, meaning work can begin immediately on provision of 137 social and affordable homes in St Michael’s Estate, where a valid planning permission is in place.

Work will also begin immediately on a design brief for residential development on the east side of Dominick Street and on designing 70 social and affordable homes in O’Devaney Gardens.

Planning applications will then be made to An Bord Pleanála to get permission to build them. Preliminary estimates indicate an overall cost to the city council, over a ten year period, for all three schemes, to be in the region of €95m.

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Estimated costs for St Michael’s Estate are in the region of €36m.

Dominick St will be in the region of €27m and O’Devaney Gardens in the region of €32million.

Ciaran McNamara, Assistant City Manager, said: "We will not wait for private investment to kick in, though we are confident that all three locations are suitable to attracting private investment, in the medium to long term.

"While Dublin City Council continues to be open to considering other alternative solutions to deliver the regeneration of all three projects, we are not willing to wait around. Our tenants are our priority and we have to begin to address their needs," he said.

"In the case of O’Devaney Gardens the demolition program will continue in O’Devaney Gardens as planned to allow us to start building as soon as planning permission is obtained.

"In Dominick Street we will apply for planning permission for 80 social apartments on the east side of the street. This site is already cleared and we will be in a position to commence building as soon as planning permission is obtained," said Mr McNamara.

The program will deliver approximately 220 social and 200 affordable dwellings.

It will also deliver extensive community buildings together with enhanced public open space.

The inclusion of commercial outlets and private housing over the next 10 years will ensure sustainable mixed use communities that will transform the present sites and be of huge benefit to the surrounding areas.

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