Standard Comer brothers strategy and well known too. Buy distressed assets and sit on them for years. The Sentinel building in Sandyford is a good example. Google has all the details, it's no secret.
Standard Comer brothers strategy and well known too. Buy distressed assets and sit on them for years. The Sentinel building in Sandyford is a good example. Google has all the details, it's no secret.
No One Likes Us, We Don't Care
Derry and Crusaders have launched legal action against Gordon Lyon’s in regards of being overlooked in the recent grant awards….
https://m.belfasttelegraph.co.uk/spo...VB3aur5O19MZgw
Irish by birth ,Harps by the grace of god.
Appreciate the detail. This is exactly what I meant in anothr thread where govt. et al neglect enforcement of regulations, imposing taxes on hoarding land and complex holdings manipulating supply, not using the derelict site act, not threatening compulsory purchase at significantly below market rates for purpoose of social housing. The mechanisms exist after the ghost estates debacle of the last decade. It is in part how SDCC took on Tallaght Stadium when SRFC couldnt manage or secure the development when it was becoming derelict and dangerous. There arguably could be a case fo Donegal CoCo in Stranrolar but it'd be more likely they would demolish to secure the site if Harps were not trying to sort it. I suspect that under this weeks new tax breaks for apartment complex sales that something will happen on this one. Its an eyesore due to its dereliction though rather than the development being poor. I dont like it when old buildings like Mills are demolished. Plenty have been restored and repurposed retaining the original building character.
Last edited by Nesta99; 09/10/2025 at 1:38 PM.
It's hard to know for sure what the strategy is, derelict and empty sites/buildings are rateable, however there are exceptions and clawbacks and I suppose people like the Comers are probably good at making good on those exceptions so landlords and property owners at scale are probably incentivised to restrict supply to keep rents high/ stable in the portion of their portfolio that is let.
Looks like another 2 year delay on Dalymount redevelopment, with 2029 now the new date for opening. €63 million is an absolutely insane cost for an 8 thousand capacity stadium with no real scope to develop proper stands behind either goal. It probably shows how mad building costs have gone in recent years I guess, but that figure still seems very very high
https://www.irishtimes.com/ireland/d...e-to-over-63m/
Paaatrick's Agletic
Massively frustrating. Nothing but planning and waffle, but tallaght took an age to move on and just look at harps, a mad situation when you think govt can just shell out a million on a gridiron game seemingly on the spur of the moment.
As touched on in a sep thread, new pitch and replacement LUX lights are needed at Dundalk, they have 80% of the funding in place, not sure re the rest as obv still paying off historical debt.
Personally, I think FAI should force the club to make immediate improvements to away end (and also roof other side of the main stand - open seating albeit better view) as a condition of a Licence. Not a huge amount of time to get all of this completed by before new season but they have to start.
#DundalkFC - First Irish club to win an away game in Europe (1963), only Irish club to win a game / points in Europa League Group Stage (2016).
Here they come! It’s the charge of the “Thanks” Brigade!
Agree, leave the pitch as it and upgrade the surface, revamp the Jodi, new stands at the school end and Connaught st side and make something that holds 1000 at the shopping center end for away support. Capacity circa 10,000 and it would cost far less than what was reported today
Its nuts at 64 million and counting.
I agree with above , would be better to upgrade the existing and move on.
It could be done in parts as well without the need for Bohs to move out...maybe
If they can delay to the next bust cycle there are savigs to be made. If there is a grant application for architects modifications and resubission thats what is happening. Now can this development get in to the sort of average LoI development timescale?
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