The recently established Land Development Agency will act as a new commercial State body to actively manage the development of public land in a way that will make a major contribution to tackling the root causes of our current housing issues, including bringing about major new opportunities for additional social and affordable housing on public lands.
The Agency has a potentially very significant and wider role to play in not only addressing the pressures in the housing sector in the short to medium term but in the longer-term to enable the urban development objectives of the national planning framework to be realised.
The agency has access to an initial tranche of eight sites with significant potential to add a further pipeline of public sites that have near term delivery potential for 3,000 new homes and an additional potential for 7,000 new homes. Columb Barracks is one of the initial eight sites identified with potential to deliver a minimum of 250 homes.
I understand that discussions are in train between the agency and the Department of Defence with a view to agreeing a memorandum of understanding in relation to Columb Barracks, and that a feasibility study of the site will be undertaken by the agency. It is therefore premature to anticipate the detail of the proposals that may emerge.