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22/08/2014
DCC Propose Moore Street Land Swap
Dublin City Council (DCC) has offered property developers Chartered Land a land swap at the site of the planned 1916 Heritage Centre on Moore Street.
DCC has proposed taking ownership of the heritage centre being established at 14 to 17 Moore Street to mark next year's centenary of the Easter Rising, in exchange for giving Chartered Land 24 and 25 Moore Street – which has a cleaning depot at the rear of the building.
The deal comes with the condition that Chartered Land, which is funded by NAMA, would continue with and complete work on the €9m heritage centre.
It is understood that the land at 24/25 Moore street is needed for the development of a proposed shopping centre, which would stretch from Moore Street to O'Connell Street. At the height of the property boom, DCC had agreed a price of €12m for the site with the developer.
According to a report by RTÉ, Dublin City Councillors have previously threatened to veto negotiations with the developer in an effort to block a redevelopment of the Moore Street site, which was used as an escape route by 1916 rebels. However, it is understood that council management hope to persuade Councillors to back to proposed land swap deal.
(MH/JP)
DCC has proposed taking ownership of the heritage centre being established at 14 to 17 Moore Street to mark next year's centenary of the Easter Rising, in exchange for giving Chartered Land 24 and 25 Moore Street – which has a cleaning depot at the rear of the building.
The deal comes with the condition that Chartered Land, which is funded by NAMA, would continue with and complete work on the €9m heritage centre.
It is understood that the land at 24/25 Moore street is needed for the development of a proposed shopping centre, which would stretch from Moore Street to O'Connell Street. At the height of the property boom, DCC had agreed a price of €12m for the site with the developer.
According to a report by RTÉ, Dublin City Councillors have previously threatened to veto negotiations with the developer in an effort to block a redevelopment of the Moore Street site, which was used as an escape route by 1916 rebels. However, it is understood that council management hope to persuade Councillors to back to proposed land swap deal.
(MH/JP)
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