Colbert station in Limerick city where the State is planning a large scale development. Photograph: Liam Burke
Development of a €2 billion scheme with 10,000 homes in Limerick City moved a step closer on Friday after the State-sponsored Land Development Agency (LDA) outlined plans for the site.
The body, established to co-ordinate land within State control for optimal use, said it signed a memorandum of understanding with Limerick City and County Council, the HSE and CIÉ to create a master plan for the brownfield site located at Limerick’s Colbert train station.
It’s understood that the 123 acre (50 hectare) site has the capacity for about 10,000 homes, most of which will be apartments. With an expected cost of €200,000 per unit, the total residential element of the site will cost about €2 billion. It’s understood that the parties are looking at progressing the project on the basis of the site ownership staying as it currently is.
The site is said to have potential to deliver “very significant living, office and leisure space”. To begin with, the development will go through a design review process to provide a vision of what could be delivered. Former president of the Royal Institute of the Architects of Ireland (RIAI) and director at RKD architects, David Browne, has been appointed chairman of the design review panel.
via http://bit.ly/30EW6BF
