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THE NATIONAL ASSET Management Agency (Nama) has announced an ambitious funding plan that will see €1.9 billion put into in Dublin’s Docklands.
The funding announced today would see the agency fund the construction of 20,000 homes across the country, as well as 2,000 apartments and 3.8 million square feet of commercial space in Dublin’s Docklands.
That commercial space would be twice the size of Dublin’s IFSC.
The developments will be carried out on 15 sites on both sides of the river Liffey.
The Docklands Strategic Development Zone will see the building of:
Homes
The housing plan will require total funding of €5.6 billion with peak funding expected to be €1.8 billion. A total of 78% of the building will be in Dublin city and county, while 93% will be in the Greater Dublin area.
The balance will be built in “areas of strong demand”.
Nama says it will recycle the proceeds of sales to fund the building of viable projects. Nama is also to seek joint venture partners on the plans.
13,200 units have already identified as commercially viable at this point by Nama, with a focus on three- and four-bed starter homes.
Locations already identified include:
The funding will see 30,000 construction jobs created at its peak, Nama says.
€170 million of the money will go to the Boland’s Quay project in Dublin. The project, Nama today announced, is expected to be finished by the end of 2018. Receiver Mark Reynolds of Savills says the plan, which will have two landmark office buildings and 41 apartments, is “full steam ahead”.
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Was there this time last year amazing how many people cycle and how straight they sit up on their bike and everyone of these cyclists obey the lights not like in Ireland
@Alan Scott: Do everyone of their motorists obey the lights also. I nearly got hit by one at lunch who decided to break a read and swing around the corner.
@Darren Byrne: I’ve seen 1 or 2 car driver not to obey traffic lights in a month – and 2-5 cyclists doing that DAILY.
@cortisola: I’ve seen motorists break lights, cyclists break red lights and pedestrians. I win.
@Craig Bell: No arguments @Craig?
@Alan Scott: and this relates to the article, how?
@cortisola: If you think the Dutch don’t break lights you’re nuts. I break lights every day on my bike, when it’s safe to do so. How is that harming anyone? Do you also reserve some ire for jay walkers? Or is that ok?
How about drivers texting? Or racing towards amber lights? I see that every day.
@Eoin Fitzpatrick: “I break lights every day on my bike” – Funny as many people here would say you don’t. Are you sure they are RED ? Maybe just REDish??
Amsterdan is a great place to go window shopping if youre flight is delayed.
@Peter Dowling: I was there with my mother when I was 14 and it was mortifying.
Been staring pointlessly out the window, about 7km from Schiphol. Always nice to watch the planes wobble their way to and fro on such days. But this explains it.
@Sandra O’Fucáif:
Its not the worst city to have to spend a night in
@Sandra O’Fucáif: You could kill a few hours in the banana bar:-)
@Sandra O’Fucáif: If your flight is cancelled, catch the train to central station. The Golden Tulip hotel usually have availability, good rates and is easy to get to from there.
@Sandra O’Fucáif: smoke some devil’s lettuce, be grand
@Sandra O’Fucáif: Well if you do get stuck: http://www.mulligans.nl/
You can watch The Banjacks play trad on the famous airmail stamp sized stage, Amstel 100. :)
Hope you get home though. Always a bummer. But if not, go and enjoy yourself.
@Dj: yes but best to get in early before it gets busy
This storm is what passed over us last night. Thankfully it didn’t pick up strength while it was here. Red warnings in The Netherlands and Germany
Well lads, the sun is currently shining in Amsterdam. I guess we’re in the eye of the storm.
Well not any more. The wind is picking up again and it’s raining as well now.
In fairness there’s always a status red near central station off Damrak
The Dublin to Amsterdam flight scheduled to leave at 6. Actually departed at 8 and was then diverted to Frankfurt… joy
https://www.reddit.com/r/Unexpected/comments/7r8p0l/current_weather_in_the_netherlands_little_windy/
You know it’s windy when people are blown across the ground!
@Sam Harms: And we dare to complain here in Ireland…
@cortisola: https://www.youtube.com/watch?v=rGAab6Kfdzc
@cortisola: I was watching those containers from the ship I’m working on.
Very obliging people in amsterdam
Global warming will destroy society as it stands…
Just avoided this by 1 day thank god
have your say