Friday, 14 July 2023

More than 100,000 planning permissions lay dormant at end-2022, including 50,000 in Dublin

 There were more than 100,000 dormant or non-activated planning permissions for homes in the State at the end of last year, more than 50,000 of which were in Dublin, a new study by the Department of Finance has found. The report, published as part of the department’s Economic Insights series, blamed the high number of uncommenced permissions on the “viability challenges” facing high-density developments or apartment schemes. The viability of these developments was being challenged by a combination of issues from input cost inflation, rising interest rates and “the prevalence of judicial reviews”, it said. The finding comes amid criticism of the State’s complex planning system and the high number of legal challenges it allows.

Read the full article @ The Irish Times

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