Building of 526 new homes in Saggart gets the go-ahead
A joint venture between the National Asset Management Agency and Harcourt Developments has received planning permission to build 526 new homes in Saggart, Co Dublin, adjacent to the Luas.
The news comes as Ires Reit looks set to add to its portfolio with the acquisition of 128 apartments at Hampton Wood in Dublin 11.
Greenacre Residential applied back in December through the Strategic Housing Development system, which allows developers to fast-track the planning process with An Bord Pleanála. It applied to build 459 houses and 65 apartments on a 24-hectare site at Fortunestown Lane and Garter Lane, some 600 metres from Saggart village.
The development, which has a density of 39 units net per hectare, will consist of 262 three-bed, two-storey units; 197 four-bed, three-storey terraced and end of terrace units, 37 two-bed duplex units and 30 two-bed apartments in two and three storey residential blocks, as well as 804 car parking spaces.
It will also be home to a number of parks and a square, and has allocated 52 units for social housing under its Part V obligations. The approval is subject to 39 conditions, which include converting a residential unit to a community floorspace, and providing a creche. Some local residents raised concerns to the plans, with one arguing the development plans made no provision for a secondary school. Concerns were also raised about whether higher densities were being pushed by the planning authorities close to Luas stations.
Developers have had a mixed result with the fast-track process, which allows developers to bypass local authority planning processes for developments of more than 100 homes, or blocks of 200-student bedspaces, since it was brought in last year.
Earlier this year, An Bord Pleanála rejected an application from developer Michael Cotter’s firm Viscount Securities for 927 housing units at Clay Farm in Leopardstown, while Burkeway Homes also had its plans for 113 new homes at Bearna outside Galway city turned down.