3,000 new homes to be built around Dublin Airport – TheLiberal.ie – Our News, Your Views

3,000 new homes to be built around Dublin Airport




Construction-site

Galway-based property developers the Comer Brothers are set to spend around €1.5bn in building up to 3,000 new homes, manufacturing space, and a science park on a large plot of land between Dublin Airport and the M50.

Luke Comer, cofounder of the firm, referred to the site as ‘the most strategic piece of real estate in Europe.’ The land, which was valued at around €250m in 2008, was purchased by the brothers earlier this year.

They say that planning permission has not yet been secured, but they plan to begin building once it is granted.

According to them, the development will go some way to address Dublin’s acute housing shortage.

Dublin will need 9,000 new homes between now and 2018 to meet capacity, the Society of Chartered Surveyors has predicted.

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