Anger over ‘affordable’ redevelopment.
INDIVIDUALS or couples will have to earn at least €108,000 a year and have savings of €42,000 to buy a category of ‘affordable’ homes in the O’Devaney Gardens redevelopment.#not1home https://t.co/0Zwf7WzQJr
— Mick Caul (@caulmick) September 11, 2019
On Tuesday, Dublin City Council central area committee announced Bartra Capital [who are behind the Dun Laoghaire co-living experiment] as the preferred developer for the O’Devaney Gardens site [near the Phoenix Park].
The plan will see half of the 824 units being private – 30 per cent (192) as social housing and 20 per cent (165) as affordable housing. Some 56 of the houses are already under construction as part of a separate deal with Careys Construction.
A discount of 30-40 per cent will apply on the affordable units, with a price range for a three-bed apartment of €360,000-€420,000 and a price range for a two-bed house of €270,000-€315,000.
The council’s report says the development will not feature any student accommodation, shared accommodation or studio apartments.
On public land.
Previously: O’Devaney Gardens on Broadsheet.