State shells out twice original asking price for €24m school site

State shells out twice original asking price for €24m school site

The college was acquired to help deliver a new secondary school for 1,000 pupils in the area

The Department of Education spent €24 million buying a school site in Dublin which had earlier been put up for sale by a third-level institute for €12 million.

DIT wanted to sell off the Cathal Brugha College building to fund its new campus on the Grangegorman site. It dropped the original €15 million asking price to €12 million in May last year.

The Department of Education decided to acquire the college, just off O’Connell Street, to help deliver a...

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