A Bord na M\u00f3na site in Cork docklands with potential for 300 affordable homes has been transferred to the Land Development Agency (LDA) as residential development gathers pace in an area pivotal to the city\u2019s future growth.<\/p>\n
The five-acre (2.08ha) Monahan Rd site, known locally as Suttons Coals, is situated between the recently proposed Docklands and P\u00e1irc U\u00ed Chaoimh Luas stops and is directly across the road from the former Live at the Marquee venue, where the LDA is partnering with developer\/builder Glenveagh Properties Plc on the delivery of 337 apartments at Marina Depot.<\/p>\n
The planned development of the former coalyard will add to the LDA\u2019s ongoing activity in Cork, where already close to 1,400 homes are either in planning or already under construction. The transfer of the Suttons Coals site to the agency follows lengthy engagement with both Bord na M\u00f3na and Cork City Council.\u00a0<\/p>\n
The LDA identified the site back in 2022 in its first report on relevant public land that could potentially be used for housing. The report pinned the indicative yield at 170 to 220 homes at the time and estimated the cost of development and infrastructure would be around \u20ac52.75m.<\/p>\n
LDA chief executive John Coleman said the completion of the Monahan Rd land transfer \u201cis an important milestone in our efforts to unlock well-located state land for the delivery of much-needed housing\u201d.<\/p>\n
Tom Donnellan, Bord na M\u00f3na chief executive, said it was \u201cpleased to work with the LDA to deliver a positive outcome\u201d for the strategically located site, adding: \u201cWe look forward to its transformation into much-needed homes supporting Cork city\u2019s growth.\u201d<\/p>\n
The LDA would not be drawn on the level of compensation paid to Bord na M\u00f3na for the Monahan Rd site other than to confirm that Tailte \u00c9ireann, the property registration authority, had carried out an evaluation and a fee was subsequently paid. The LDA said a portion of the land will be utilised by the council \u201cto accommodate road widening works, to aid connectivity along Monahan Rd with the addition of bus lanes and increased cycle lane provision\u201d.<\/p>\n
The council\u2019s chief executive, Valerie O\u2019Sullivan, said the site transfer was \u201ca very welcome step forward for the continued development of Cork Docklands and the delivery of much-needed homes in the city\u201d.<\/p>\n
The next step in the process will be the appointment by the LDA of a design team to prepare a planning application for the Monahan Rd project.<\/p>\n","protected":false},"excerpt":{"rendered":"A Bord na M\u00f3na site in Cork docklands with potential for 300 affordable homes has been transferred to…\n","protected":false},"author":2,"featured_media":462000,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[62890,72,79,61,60],"class_list":["post-461999","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-cork-housing-crisis","tag-business","tag-cork-news","tag-ie","tag-ireland"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/461999","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/comments?post=461999"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/461999\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media\/462000"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media?parent=461999"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/categories?post=461999"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/tags?post=461999"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}