€100m invested in Naas Enterprise Park
Construction Weekly Roundup
Millions of investment for the enterprise park, new home approvals in Dublin and meeting climate change targets through improvising the usage of materials in the construction industry, is what made the headlines this week.
If you missed out on them, read our weekly blog below:
“Palm Logistics to invest €100m in Naas Enterprise Park”
Having joined forces with KKR last December on the €195 million purchase of the Core portfolio, a collection of 73 industrial and logistics properties distributed across Dublin and the GDA, Palm Logistics is to invest €100 million in the portfolio’s largest single asset over the next five years.
The proposed regeneration and development of Naas Enterprise Park will see the delivery of new buildings aimed at attracting occupiers from both Ireland and overseas, alongside substantial improvements to roads and footpaths, better lighting, a comprehensive tree-planting program and landscaping to improve the environment for workers and businesses.
“Greenlight for 730-unit apartment scheme by Cairn Homes in north Dublin”
An Bord Pleanála has granted Cairn Homes fast-track planning permission for a 730-unit apartment scheme on a site east of Belmayne Avenue, Parkside, in Dublin 13.
The appeals board approved the plan under strategic housing development (SHD) legislation despite residents expressing a sense of “shock and betrayal” over the plans. A total of 88 people objected to the scheme, which reaches nine storeys. It is the fifth phase of the Parkside development.
Consultants for Cairn Homes told An Bord Pleanála that to date 534 of the 846 units built have been sold and occupied.
“Timber use in building can help hit housing and climate goals, forum hears”
Increasing forestry and the use of timber in construction would help address both the housing crisis and Ireland’s efforts to meet its climate targets, according to a conference.
It comes as building analytics experts say it would be significantly more efficient for the Government to target industry to meet 2030 carbon-reduction targets rather than focusing purely on residential retrofitting.
Changing Irish building practices to rely more on timber frame construction would be faster and cheaper than traditional housing, according to Forestry Industry Ireland director Mark McAuley, which hosted the online conference.
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