THERE NEEDS TO be a sharp increase in the level of building activity in Dublin in order to meet demand, surveyors are warning.
A report from the Society of Chartered Surveyors Ireland found there is a minimum requirement of of over 35,000 housing units in the capital by 2018.
At the moment, there’s planning permission for some 26,000 units — leaving a shortfall of around 9,000.
The report, which covered the four local authority areas, found that the Dublin City Council area had had least progress in terms of new builds…
While there is a minimum housing requirement of approximately 14,000 units in Dublin City, planning permissions have only been granted for some 1,300 units. This means that there could be a unit shortfall of up to 91 per cent in this area over the next 5 years.
In South Dublin, there’s a minimum housing requirement of close to 9,000 units, the report found — but planning permission has only been granted for 4,200 units.
However, there’s a surplus in both Dun Laoghaire-Rathdown and Fingal, according to the surveyors: planning permission has been granted for 4,200 units in DLR, which has a minimum requirement of 3,3000; the requirement in Fingal is 9,600 units, but planning permission has been granted for almost 17,000 units.
“The situation in the Dublin City Council is critical while the situation in South Dublin County Council is very serious,” the SCSI’s Simon Stokes said in a statement.
It’s clear these are the two areas which require urgent attention.
“We need more developers and builders to work with the local authorities to begin more new developments in these areas and to increase the number of planning permissions where demand exists.
“For this to happen, we need to improve levels of availability of development finance, provide upfront infrastructure and ensure a streamlined planning process – measures contained within the Government’s Construction 2020 Strategy.”
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