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Priory Hall Development

Dáil Éireann Debate, Tuesday - 4 July 2017

Tuesday, 4 July 2017

Questions (671)

Barry Cowen

Question:

671. Deputy Barry Cowen asked the Minister for Housing, Planning, Community and Local Government the full costs of remediation of the building defects at the Priory Hall development in Dublin; and the amount borne by his Department and Dublin City Council respectively. [31285/17]

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Written answers

The difficult process of resolution of the Priory Hall issue, involving the relevant members of the Irish Banking Federation, the Residents’ Committee, the Government and Dublin City Council, concluded with a Framework Agreement in October 2013. In recognition of the unique and exceptional circumstances which arose in Priory Hall, all parties entered into this Agreement. The Framework sets out that the cost burden is shared between the State, DCC, the Irish Banking Federation and other stakeholders, as appropriate.

The refurbishment of Priory Hall is being undertaken in a number of phases with 187 units overall being refurbished. The overall work scope relates to the extensive remediation of the residential and retail units, and extensive basement remediation including pyrite works.

While the full costs of the remediation have yet to be finalised, to date, €21.191m has been recouped to Dublin City Council for the refurbishment works (€10.288m of which was self-funded through Local Property Tax receipts with €10.903m being provided in Exchequer funds).

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