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Local Authority Assets

Dáil Éireann Debate, Tuesday - 31 March 2015

Tuesday, 31 March 2015

Questions (671)

Joe Costello

Question:

671. Deputy Joe Costello asked the Minister for the Environment, Community and Local Government if he is aware that Dublin City Council is proposing to sell a site (details supplied) for use as a supermarket that was purchased for €4 million to use for social housing; and if he will make a statement on the matter. [13296/15]

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Written answers

I understand that Dublin City Council intend to dispose of the vacant site referred to, for mixed retail use. The Council has advised that while the site was originally purchased for social housing purposes, changes in planning regulations, the restricted nature of the site and conditions on site undermined the feasibility of proceeding with this development. The Council has advised that the current price being sought for this site reflects the substantial reduction in the development land market since the site was originally purchased.

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