ESB and the Land Development Agency (LDA) have reached an agreement on the transfer of a site at Wilton in Cork, which has the potential to deliver 350 homes.
John Coleman, Chief Executive of the LDA said: “This is another positive development for the LDA as the Agency continues to ramp up the delivery of affordable new homes. We are already under construction at two locations in Cork and we look forward to work starting on this well-located site. This planned development will have the potential to provide much-needed housing and new facilities in a desirable area alongside established communities and close to a range of existing amenities and services.
The LDA is actively working with state bodies to access state-owned land that has the potential to deliver thousands of homes. I would like to thank the ESB for making this land available and working closely with us to conclude its transfer. There is an opportunity for state bodies to create a lasting legacy by making land available and that is certainly true in this instance.”
Paddy Hayes, ESB Chief Executive said: “We are very pleased that this ESB land at our Sarsfield Road site will make an important contribution to the development of much needed housing. We would like to thank the LDA for working with us and we look forward to seeing construction get underway on what promises to be an excellent development.”