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Pope's parade to cause transport delays for Dublin residents: 5 things to know in property this week

And a Docklands apartment-block-in-progress is on sale for €52.5m.

WHEN WE’RE BOMBARDED with headlines and updates every second of every day, it’s often impossible to pick out the stories that really matter.

Each week, we round up what’s been happening in property and real estate, so you’re kept in the loop.

From the Pope’s visit to the building of multi-million Euro apartment blocks, here’s everything there is to know.

1. Dublin Bus announce route changes ahead of Papal visit

pope-site-371_90551322-390x285 Sam Boal Sam Boal

Pope Francis will make his way through Dublin city centre during his visit for the World Meeting of Families, gardaí have confirmed, with street closures taking place throughout Saturday.

Dublin Bus users are also being warned to expect delays, with 30,000 passengers expected to arrive by bus to the city ahead of the Pope’s visit.

2. Here’s what small firms think is needed to fix the housing crisis

4192636 Housing Minister, Eoghan Murphy Leah Farrell / RollingNews.ie Leah Farrell / RollingNews.ie / RollingNews.ie

An IBEC group representing small businesses has called on the government to introduce fresh measures to address the housing crisis.

In order to entice builders to develop sites for housing, the Small Firms Association has proposed the introduction of a site value tax that would replace the existing commercial rates and vacant sites levy.

3.  Landmark Howth site to be sold for €30m

Fishing Industry Howth Harbour Eamonn Farrell / Photocall Ireland Eamonn Farrell / Photocall Ireland / Photocall Ireland

A site overlooking Howth Harbour in Dublin will be acquired by developer Pat Crean’s Marlet Property Group, according to reports by The Irish Independent.

The 6.61 acre area known as ‘Project Pier’ is made up of the former Techrete and Teelings Motors sites, and could be used for more than 340 apartments.

4. Grand Canal apartment block on market for €52m

savills Savills Savills

An apartment block on John Rogerson’s Quay, set to be completed in 2020, has gone on the market for a guiding price of €52.5m.

The Benson Building will have over 70 residential units, ground floor retail units, a recreation room, a concierge foyer and underground car park.

5. 18th century house to be turned in to apartments

Following plans lodged with Galway City Council, the derelict Rahoon House on the outskirts of the city could be turned into four apartments.

Rahoon House has been deteriorating since the 1990s, reports The Connacht Tribune, but Kenny Developments has sought permission for the apartments, along with four parking spaces.

Author
Anna Shelswell-White
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