National Asset Management Agency has plans for residential and commercial property developments.
NAMA (National Asset Management Agency) has announced plans for a €5.6 billion investment in residential housing and €1.9 billion in commercial property.
The NAMA vision for the Dublin docklands includes Ireland's largest student accommodation, two bridges over the River Liffey, and the tallest office block in the city. There are also plans to develop the Boland's Mills site in the Grand Canal Dock.
Brendan McDonagh, CEO of NAMA outlines details which include the redevelopment of derelict sites along the quays for use as both residential homes and commercial office space.
In total, NAMA is planning to build 20,000 homes. Most of these will be in Dublin with projects in Knocklyon, Dún Laoghaire, Swords, Baldoyle, Kilternan and Castleknock. Outside Dublin, there are plans to build more homes in Meath, Kildare and Wicklow. Brendan McDonagh expects NAMA will have delivered 2,000 social housing units by the end of the year with a further 2,000 units built in the next five years.
An RTÉ News report broadcast on 3 December 2015. The reporter is David Murphy.
