Over 500 Homes At O'Devaney Ga...


Over 500 Homes At O'Devaney Gardens May Now Be Sold To Institutional Funds

Fiona Cooney
Fiona Cooney

01:20 10 Apr 2022

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The Business Post reports a ban that had prevented the sale has now been lifted by An Bord Pleanala.

Planning permission was granted by An Bord Pleanala for 1,047 homes to be built on the former O'Devaney Gardens site in September 2021, with a caveat banning the sale of the homes to corporate funds.

20% of new builds will be social housing, while 30% will be sold as affordable housing, with the ban covering the remaining 524 homes.

Under these conditions, property developers Bartra would have to sell the remaining homes individually or to the state.

However, Bartra lodged a judicial review to the High Court to remove the ban, which resulted in An Bord Pleanala clarifying their conditions and allowing the properties to be sold to corporate institutions.

An Bord Pleanala said the reverse decision was a "correction", stating that the ban does not apply to the 524 units.

Though clarity on the ban was provided, the judicial review is ongoing.

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