Dáil Éireann Debate, Wednesday - 23 October 2024
69. Deputy Jim O'Callaghan asked the Minister for Finance the number, and the location of, each residential property development within the NAMA property portfolio in each local authority, in tabular form; the number of residential units supported in each; and if he will make a statement on the matter. [43355/24]
View answerA breakdown of residential development land secured to NAMA’s remaining portfolio is provided in the table below. The table outlines housing units which are currently under construction, which will be completed in 2024/2025, before NAMA concludes at end-2025. The table also includes key residential development sites under asset management by NAMA, units with planning permission in place, those with planning applications lodged and sites with longer-term development potential. These sites and potential housing units will not be funded for development by NAMA before it concludes at end-2025 and will either be sold, have potential for NAMA exit through debtor refinance or have already been acquired by NAMA for future transfer to another appropriate state entity in 2025.
|
Stage of Development |
Total Potential Units |
Fingal CoCo |
Dun Laoghaire Rathdown CoCo |
South Dublin CoCo |
Dublin City Council |
Cork County Council |
Kildare CoCo |
Meath County Council |
Wicklow |
|
Units under construction |
317 |
122 |
149 |
46 |
|||||
|
Units with planning permission approved |
3,120 |
1,889 |
402 |
574 |
169 |
24 |
62 |
||
|
Planning applications lodged |
3,572 |
2,531 |
478 |
344 |
219 |
||||
|
Longer Term sites: Later phases of existing projects |
1,387 |
1,034 |
353 |
||||||
|
Longer Term sites: Feasibility and pre-planning |
3,750 |
3,000 |
750 |
||||||
|
TOTAL POTENTIAL UNITS |
12,146 |
8,576 |
1029 |
620 |
169 |
24 |
1,094 |
415 |
219 |
