Dublin Bay South TDs criticise long-term leasing proposal at Poolbeg

Politicians are concerned about a lack of affordability for buyers and the ‘waste of money’ it would represent for the council to lease homes in the development

The redevelopment of the former Irish Glass Bottle site is part of the Poolbeg Strategic Development Zone [SDZ] and is one of the most significant parcels of undeveloped land in the country. Picture: Getty

A proposal by developers to offer long-term leasing deals at one of the country’s largest sites has been opposed by a number of local TDs.

The Business Post reported on Wednesday that a consortium has offered long-term leasing deals as part of its obligation to deliver social housing at Poolbeg in Dublin 4, despite a preference by Dublin City Council to purchase the units directly.

Documents seen by the Business Post show that Lioncor, one-third ...