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House-builder Glenveagh can now enter talks with Dublin City Council on its plan to sell 71 apartments to it for an estimated â¬33.44 million. This follows An Bord Pleanála giving Glenveagh the green light for 702 âbuild to rentâ apartments at Castleforbes Business Park at Sheriff Street and East Road, Dublin 1.
The development, on a six-acre site 400m from the Spencer Dock Luas stop, comprises of nine apartment blocks ranging from a storey in height to one 18-storey block.
As part of its Part V social housing obligations, Glenveagh is planning to sell six three-bed apartments at an indicative cost of â¬791,531 each to the city council as part of the proposed â¬33.4 million deal.
One of the country s best-known house builders, Glenveagh, has put an estimated price tag of €33.4m on 71 apartments it is planning to sell to Dublin City Council for social housing.
This follows Glenveagh lodging ‘fast-track’ Strategic Housing Development (SHD) plans to An Bord Pleanála for 702 build-to-rent units at Castleforbes Business Park at Sheriff Street and East Road, Dublin 1.
The development on the six-acre site, located 400m from the Spencer Dock Luas stop, is to comprise nine apartment blocks ranging from one storey to 18 storeys in height.
As part of its Part V social housing obligations, Glenveagh is planning to sell six three-bed apartments at an indicative cost of €791,531 each to the City Council as part of the proposed €33.4m deal.
Glenveagh, one of the Stateâs best known housebuilders, expects to charge Dublin City Council â¬33.44 million for 71 social housing units at a major development on Sheriff Street.
In a letter to the city council about how it might meet its Part V social housing obligations under the plan, Glenveagh estimated that the units might cost the council up to â¬791,531 each.
That price relates to six three-bed apartments it is offering the council in the 702 unit scheme.
The builder is also planning to sell 14 two-bed apartments to the council at a price of â¬641,899 each and 41 one-bed apartments for â¬408,074 each. Glenveagh is also planning to offer the local authority 10 studio apartments at a price of â¬297,323 each.