Written answers
Thursday, 20 October 2016
Department of Housing, Planning, Community and Local Government
Public Private Partnerships Cost
Dessie Ellis (Dublin North West, Sinn Fein)
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122. To ask the Minister for Housing, Planning, Community and Local Government the total cost of the Charlemont Street development where Dublin City Council is engaged in a major private public partnership scheme. [31224/16]
Simon Coveney (Cork South Central, Fine Gael)
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The Charlemont Street Public Private Partnership development is being primarily undertaken by Dublin City Council. My Department is not directly involved in the development of this project.
In respect of the project, I have been advised by Dublin City Council that it is based on the Council providing development land, in return for which a developer is constructing 79 social housing units and a community facility at no cost to the Council, plus providing a capital sum of €4.8m. In addition, Dublin City Council was given the option to purchase an additional 15 social housing units at a 10% discount on prevailing market prices at the time that construction of the units commences. This option had to be exercised by 30 September 2016 and the City Council has exercised the option.
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