Skip to content
Support Us

We need your help now

Support from readers like you keeps The Journal open.

You are visiting us because we have something you value. Independent, unbiased news that tells the truth. Advertising revenue goes some way to support our mission, but this year it has not been enough.

If you've seen value in our reporting, please contribute what you can, so we can continue to produce accurate and meaningful journalism. For everyone who needs it.

Dublin City

Nama seeks investors for Poolbeg West land that could fit 3,500 homes

The 37-acre site has the potential to deliver social and affordable homes, as well as commercial developments.

NAMA HAS SAID it’s looking for bidders to invest in developing 37.2 acre land in Poolbeg West for residential and commercial use.

The National Asset Management Agency invited expressions of interest in lands located within the designated Poolbeg West Strategic Development Zone at Pembroke, Dublin 4.

Nama says the site has the potential to deliver up to 3,500 residential homes (including 10% Part V and 15% social and affordable homes) and approximately 1 million sq ft of commercial development, as well as a school site and community and public open spaces.

Those interested can subscribe for a majority 80% shareholding in an entity – Pembroke Ventures DAC – currently a Nama group entity, which ultimately owns the lands.

Nama chairman Frank Daly and chief executive Brendan McDonagh said:

The development of Pembroke provides a unique opportunity to make a significant contribution to Dublin’s housing needs as it is one of the few large, centrally located development opportunities in Dublin city.

“Today’s announcement, coming just three months after the SDZ Planning Scheme was adopted by An Bord Pleanála, represents a key milestone in the progression of the commercial delivery strategy for the site, in line with our section 10 objectives.”

The Planning Scheme for the SDZ was formally adopted by An Bord Pleanála in April.

On Thursday, the Minister for Finance’s review recommended that Nama should continue to manage its residual loan book beyond 2021.

Readers like you are keeping these stories free for everyone...
A mix of advertising and supporting contributions helps keep paywalls away from valuable information like this article. Over 5,000 readers like you have already stepped up and support us with a monthly payment or a once-off donation.

Close
21 Comments
This is YOUR comments community. Stay civil, stay constructive, stay on topic. Please familiarise yourself with our comments policy here before taking part.
Leave a Comment
    Install the app to use these features.
    Mute Tricia G
    Favourite Tricia G
    Report
    Oct 1st 2020, 9:09 AM

    WOW, all the pro-Chinese t-ro-lls already on here……..

    I just read an utterly insane comment that HK protestors should be thankful they’re not facing the NYPD?!!

    Just how blind to China’s, literal, decades long abuses of human rights do they think we are?

    70
    Install the app to use these features.
    Mute Paul Cunningham
    Favourite Paul Cunningham
    Report
    Oct 1st 2020, 1:15 PM

    @Tricia G: the 50 cent army is always around for these articles to spout their muck.

    8
    Install the app to use these features.
    Mute Seriousnojoke
    Favourite Seriousnojoke
    Report
    Oct 1st 2020, 7:55 AM

    It’s both Full Moon

    6
    Install the app to use these features.
    Mute
    Favourite
    Report
    Oct 1st 2020, 8:13 AM

    @Seriousnojoke: You mean all those people being kettled in Causeway bay by Police right now?

    27
    Install the app to use these features.
    Mute Little Pudding
    Favourite Little Pudding
    Report
    Oct 1st 2020, 8:59 AM

    @Seriousnojoke: You think people in HK should consider themselves lucky because they are not dealing with NYPD. I disagree, Hong Kongers are lucky because the CCP have been kind not send them to concentration camps like the have for the Uyghurs in mainland China.

    34
    See 5 more replies ▾
    Install the app to use these features.
    Mute Nick Caffrey
    Favourite Nick Caffrey
    Report
    Oct 1st 2020, 9:04 AM

    @Seriousnojoke: Pro-PRC troll.

    19
    Install the app to use these features.
    Mute Nick Caffrey
    Favourite Nick Caffrey
    Report
    Oct 1st 2020, 9:04 AM

    @Seriousnojoke: LMFAO

    9
    Install the app to use these features.
    Mute Gary Mc Aree
    Favourite Gary Mc Aree
    Report
    Oct 1st 2020, 9:10 AM

    @Seriousnojoke: You are a CCP pansy. The police harrassed a senior citizen for carry a yellow balloon ffs and charge groups of people who gather to cross the street at crossings, then arrest minors for baseless charges. Reading an Apple daily publication gains you the attention of police, like the guy alone in the MTR surround by 12 or more police while he read the paper.

    24
    Install the app to use these features.
    Mute Gary Mc Aree
    Favourite Gary Mc Aree
    Report
    Oct 1st 2020, 9:10 AM

    @Seriousnojoke: propaganda troll for the CCP.

    11
    Install the app to use these features.
    Mute Will
    Favourite Will
    Report
    Oct 1st 2020, 11:49 AM

    @Little Pudding: “the CCP have been kind not send them to concentration camps like the have for the Uyghurs”

    Give them time!

    5
    Install the app to use these features.
    Mute TonyB
    Favourite TonyB
    Report
    Oct 1st 2020, 2:14 PM

    Move to Taiwan and report from there instead. That will really pi*s off the CCP.

    6
    Install the app to use these features.
    Mute Proudly Italian
    Favourite Proudly Italian
    Report
    Oct 1st 2020, 3:21 PM

    25 years ago, I was worried about China for all of us…. kept saying that in several debates… here we are….

    5
    Install the app to use these features.
    Mute There is no hope for humanity!
    Favourite There is no hope for humanity!
    Report
    Oct 1st 2020, 1:12 PM

    Apple Daily, full lies, bias views or opinions, we call it as poison Apple, just like Fox News, other media debunks their lies and nobody’s cares.
    In hk, the journalist was cheap, just pay €25 that is all. The most time they have tons of “journalists” standing between police and riots, literally standing between them. The police couldn’t do their job, just like mosquitos, so annoying. One of the photo i’ve see is one police hold smoke grenade gun standing at the corner and aim, that is all on hk media, but the full photo is about 50 journalists around him and taking photo of him, who cares about that?

    3
    Install the app to use these features.
    Mute There is no hope for humanity!
    Favourite There is no hope for humanity!
    Report
    Oct 1st 2020, 1:15 PM

    Denzel Washington said if you read the newspaper, if you don’t read it, you’re misinformed, What is the long-term effect of too much information? One of the effects is the need to be first, not even to be true anymore.”

    So what a responsibility you all have; to tell the truth, not to just be first, but to tell the truth.

    “We live in a society now where it’s just first. Who cares? Get it out there. We don’t care who it hurts, we don’t care who we destroy, we don’t care if it’s true. Just say it, sell it.”

    5
    Install the app to use these features.
    Mute Stephen Kelly
    Favourite Stephen Kelly
    Report
    Oct 1st 2020, 10:57 AM

    Harrow

    2
    Install the app to use these features.
    Mute Richard Russell
    Favourite Richard Russell
    Report
    Oct 1st 2020, 5:08 PM

    I had a comment deleted because I was critical of journalists and their of of the tv licence scam

    2
Submit a report
Please help us understand how this comment violates our community guidelines.
Thank you for the feedback
Your feedback has been sent to our team for review.

Leave a comment

 
cancel reply
JournalTv
News in 60 seconds