Oireachtas Joint and Select Committees

Thursday, 1 June 2023

Joint Oireachtas Committee on Housing, Planning and Local Government

General Scheme of the Land Value Sharing and Urban Development Zones Bill 2022: Discussion (Resumed)

Mr. Conor O'Connell:

A number of different schemes are under way. As various people have stated, over the summer months we hope that some of those schemes such as Project Tosaigh and Croí Cónaithe will help. There is no doubt that given the rise in the cost of finance and materials, apartments are especially challenging.

I spoke about the amount of zoned land earlier. Our national planning policy calls for 50% brownfield development in the key urban areas. In other words, 50% of the lands we are saying should be developed cannot be developed because it is not viable. That is constricting and increasing the cost of land on the periphery. That is what is happening at the moment.

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