Housebuilder Glenveagh has put a €79.16 million price tag on 159 homes it intends to sell to Meath County Council for social housing.
This is noted in planning documentation lodged for 757 new homes on a 92-acre site close to Carton House Hotel. It is 1km northeast of Maynooth town and 22km from Dublin city centre. The scheme is valued at €376 million.
In order to meet its social housing requirements, Glenveagh is to deliver 159 homes to the council. This includes one entire apartment block and one entire duplex block along with 14 units for older people and 87 houses.
The documentation lodged with the large-scale residential development (LRD) planning application shows the indicative price range for the social-housing homes starts at €339,258 for a studio and goes up to €839,281 for a four-bedroom end-terrace home.
In a letter to the council Glenveagh director Roger Browne said the overall estimated cost to the local authority is €79.169 million.
Browne said “the final details of any agreement with the Council regarding compliance with Part V, including agreements on costs and unit types, will not be arrived at until after planning permission has been secured”.
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Glenveagh states it is seeking to build 523 houses, 100 duplex units and 134 apartments on a 92-acre site at Moygaddy, Co Meath.
The site is on the Meath side of Maynooth and borders Co Kildare.
The 100 duplex units are to be located across three blocks, 134 apartments across three five-storey blocks along with a creche, playing pitch, retail unit and the construction of the north-eastern Maynooth Outer Orbital Route.
The greenfield site is part of a 237-acre master plan and the LRD application is phase one of these lands.
According to a report by Brady Shipman Martin, the master plan “will deliver a balanced combination of housing, employment, community, tourism and leisure uses while respecting its historic and natural setting”.
A separate planning report by Brady Shipman Martin, lodged with the application, said that the proposed development “has been designed to integrate into the existing fabric of Maynooth, including into the transportation network, through the provision of infrastructure such as bus stops and a bus turning point, to accommodate the expansion of public transport services into the area for future residents”.