Oireachtas Joint and Select Committees
Wednesday, 21 May 2025
Committee on Finance, Public Expenditure, Public Service Reform and Digitalisation, and Taoiseach
Dissolution of National Asset Management Agency: Discussion
2:00 am
Mr. Brendan McDonagh:
Both sites are massive. One is in north Dublin and was designated an LAP under the Fingal county development plan for the period 2023 to 2029. Part of the site will potentially be sanitised for a number of years because of a proposed metro station. Ultimately, it will deliver 3,000 units - potentially more, depending on the densities permitted. We have another site in Kildare that has been zoned and in respect of which there is planning. We submitted the first planning application for 344 units two years ago. That has not come out of An Bord Pleanála yet. It was an SHD application. It is still there and has not come out the other side. We also sold part of that site to the Department of Education, which has started work on building a much-needed school. Those are the sites.
It is likely that 1,100 to 1,200 units will be developed on the Kildare site and at least 3,000 on the site in north Dublin. Depending on Fingal County Council doing its work in respect of an LAP - this has been started but it has to go through the council’s process - the site in north Dublin is potentially two or three years away from work starting on housing. If planning came through for the site in Kildare, the LDA could start building if it wanted on the basis of our planning permission and getting through second- and third-stage planning permission very quickly under the LRD system. If planning came through in Kildare, we could potentially see something happen there in 18 to 24 months.
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