BALCONYTV.COM 10/07/2008
On May 19th Dublin City Council announced that the Public Private Partnership regeneration deal it had with McNamara/Castlethorn Construction to develop St Michael's Estate will not go ahead as planned.
The agreed PPP Regeneration plan includes the physical and social regeneration of the 14 acre site at St Michael's Estate which includes 720 dwellings (165 social, 75 affordable, 480 private) with a civic centre with library, parish centre, three creches, youth centre, family resource centre, healthcare centre, two football pitches, play areas, new urban square, village green and public square. There is also an agreed figure of between 6 & 9 million for social agenda initiatives in the following areas community health & well-being, education & training, childcare, employment, cultural life (including arts and heritage), quality of life & community safety, sports and recreation.
Property developer Bernard McNamara has been asked to pull out of two stalled development projects in Dublin so negotiations can begin with other contractors.
At a meeting of the council last night the assistant city manager said there had been no progress made in discussions on the St Michael's Estate, Inchicore and Dominick Street projects, and the council wants McNamara to pull out of the schemes so negotiations can be held with other bidders.
However, projects at Convent Lands and O'Devaney Gardens may yet go ahead, it was revealed.
http://www.stmichaelsestate.ie/about/about_us_eng.html
http://www.indymedia.ie/article/87834
Tune in again tomorrow!!!
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