Council makes new plans for St Michael's
Article Posted: Tuesday 2nd December, 2008
Dublin city council says it plans to spend €36 million on social and affordable housing at St Michael's Estate. This follows the collapse of plans for a PPP scheme with developer Bernard McNamara on this site and four others in the city.
Officials told a council meeting on Monday that €8.5 million would be spent on St Michael's next year.
Work will begin on 137 social and affordable houses for St Michael's Estate, where planning permission has already been obtained, in 2010.
Development on the rest of the site will come through commercial investment, though it isn't clear at this stage how this might come about. US firm Corcoran Jennision, the underbidder to McNamara's in th earlier PPP process, are prevented from bidding now because of legal issues, according to the council.
St Patrick's Athletic have expressed interest in moving from Richmond Park and building a new stadium on part of the St Michael's site, but have yet to formally present their plans to the council.
Local residents have reacted with disappointment to the council's decision.
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