Seán Sherlock (Cork East, Labour) | Oireachtas source

We understand NAMA's remit and the legislation, but there is the potential for 3,500 residential units at the Poolbeg West site.

That is clearly understood. We know that there is about 93,000 sq. m of commercial development. Will Mr. McDonagh talk me through where Poolbeg is at present? My questions are specific. Has a preferred bidder been identified for NAMA's venture partner in the old glass bottle site at Poolbeg West? At what stage of development is the Poolbeg West SDZ? What impact has Covid had on the development of Poolbeg? What impact, if any, have increased construction costs had on the budget for the development of Poolbeg West? On the 3,5000 residential units, it would be useful to have a breakdown or understanding of how that will be divided between social, affordable and commercial development. If social houses are to be developed on the site, what will the ownership structure of the land be? Will it be leased? Will it be used by approved housing agencies? I ask Mr. McDonagh to give a more in-depth analysis of the Poolbeg site.