Oireachtas Joint and Select Committees

Tuesday, 14 February 2023

Joint Oireachtas Committee on Housing, Planning and Local Government

General Scheme of the Planning and Development Bill 2022: Discussion (Resumed)

Mr. Michael Kelleher:

There is a viability issue with Project Tosaigh. Whatever the price the economic potential of the units is, that is the price that will have to be paid, working with an open book with a quantity surveyor. Some of these units are apartments which are quite expensive to build in brownfield sites. It requires an open book for the economic value to be returned so that everyone can deliver and the banks can fund it then because they see a viable project. Croí Cónaithe also needs to be looked at because it needs a mixture which would be more beneficial for these larger apartment blocks, especially in cities.

Comments

No comments

Log in or join to post a public comment.