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27/05/2008
Council Considers Legal Action Over PPP Pull Out
Dublin city council is considering taking legal action after a top Irish builder withdrew from five Public Partnership Projects (PPSs).
Developer Bernard McNamara announced he planned pulling out of the projects worth over €900m because of changes to the property market, new rules on the size of apartments and planning delays.
At a special discussion on the controversial developments in the centre of the capital last night, the local authority said some €6m had already been spent on the projects.
The developer was supposed to be involved were St Michael's estate in Inchicore, O'Devaney Gardens off the North Circular Road (NCR), Convent Lands on Sean McDermott Street, Infirmary Road and Dominick Street.
Approximately 200 protesters turned up outside the City Hall last night to object to the collapse of the agreement between Mr McNamara and Dublin city council.
Assistant City Manager, Ciaran McNamara, said the legal team for the council "has been instructed to examine the possible legal remedies" on the five projects.
Residents of the sites expressed their disappointment at the decision by Bernard McNamare, with those of St Michael's estate in Inchicore saying it was the third time such a last minute collapse has taken place after being promised regeneration in the area.
(DW)
Developer Bernard McNamara announced he planned pulling out of the projects worth over €900m because of changes to the property market, new rules on the size of apartments and planning delays.
At a special discussion on the controversial developments in the centre of the capital last night, the local authority said some €6m had already been spent on the projects.
The developer was supposed to be involved were St Michael's estate in Inchicore, O'Devaney Gardens off the North Circular Road (NCR), Convent Lands on Sean McDermott Street, Infirmary Road and Dominick Street.
Approximately 200 protesters turned up outside the City Hall last night to object to the collapse of the agreement between Mr McNamara and Dublin city council.
Assistant City Manager, Ciaran McNamara, said the legal team for the council "has been instructed to examine the possible legal remedies" on the five projects.
Residents of the sites expressed their disappointment at the decision by Bernard McNamare, with those of St Michael's estate in Inchicore saying it was the third time such a last minute collapse has taken place after being promised regeneration in the area.
(DW)
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