Leopardstown Racecourse Housing Development

Dublin Housing Project: over 800 Affordable homes Planned near Leopardstown Racecourse

Dublin’s Housing Crisis Is Set To See A Notable Boost With plans Approved For Over 800 New Social And Affordable Homes Near Leopardstown Racecourse. the Land Development Agency (LDA) Has Reached An Agreement To Transfer State-Owned Land From Horse Racing Ireland (HRI), Paving the Way For Much-Needed Housing In The Area.

Land Transfer Deal Finalized For Dublin Affordable Housing

After Lengthy Negotiations, A Deal has Been Finalized To Transfer A 17-Acre Plot owned By Horse Racing Ireland (HRI) To The land Development Agency (LDA). This Land, Adjacent To The M50 Motorway, Is Currently Used For Racecourse Car parking But is Zoned For Residential Development.

The Agreement,Saeid To Be Prompted By Taoiseach Micheál Martin,Aims To Address The Ongoing Housing Crisis By Utilizing Underused State Assets. The LDA Considers This Site One Of The Most Suitable Vacant Sites for housing Development Within State Ownership.

Project Details And Infrastructure Plans

The Plan Includes The Construction Of A New Luas Station On The Green Line,Enhancing connectivity For Future Residents. This Station Will Specifically Serve The New Housing Development And The Surrounding Area.

the HRI Site, Located In Carrickmines Little, Adjoins land Owned By Dún Laoghaire-Rathdown County Council, Which Is Also Designated for Housing. Combined, These Sites Could Possibly Accommodate Between 1,550 And 2,080 Homes, According To A Recent LDA Report.

Estimated Costs And Timelines

The Estimated Total project Cost Is up To €571 Million. This Includes Housing Development Costs Between €390 Million And €480 Million,And Infrastructure Costs Reaching Up To €91 Million. Design And Planning Work Is Set To Begin Immediately, But construction Is Not Expected To Start For At Least Three Years.

The Council’s Local Area Plan For The Land includes provisions For A School And A Full-Size Sports Pitch, Enhancing The Community Infrastructure Alongside The New Homes.

Impact On Dublin’s Housing Supply

The LDA believes Up To 70,800 Homes could be built On Vacant, Publicly Owned Sites Across The State. However, Less Than 20 Percent Of The identified Sites Face Low Levels Of Constraints, Meaning Development Can Proceed Relatively Quickly.

These Least-Constrained Lands Have The Potential To Deliver Between 10,860 And 14,780 Homes in The Near Term, According To The LDA. The Dublin Affordable Housing Project At Leopardstown Is A Key Component Of This Strategy.

Did You know? The Irish Government Launched The “housing For All” Plan In 2021, Aiming To Deliver 33,000 New Homes Per Year Until 2030. This Project Contributes To That goal.

Challenges And Future Developments

Despite The Positive Outlook, Over 80 Percent Of Publicly Owned Sites Face Moderate To Significant Constraints, Which Could Delay Or Hinder Development. Overcoming These Obstacles Is Crucial To Meeting The Growing Demand for Housing.

The HRI Will Retain Some Land To Further Develop The Racecourse.The Plan Aims To Integrate The New Housing Development With The existing Racecourse Facilities, Creating A Vibrant Community.

Pro Tip:

Stay Informed About Local Planning Decisions And Community Consultations.Your Input Can Help Shape The Future Of These Developments.

Summary Of Dublin housing Project

Feature	Details
Location	Near Leopardstown Racecourse, South Co Dublin
Land Source	Horse Racing Ireland (HRI)
developer	Land Development Agency (LDA)
Number Of Homes	Over 800 (potential for 1,550-2,080 with adjacent lands)
Estimated Cost	Up To €571 Million
Key infrastructure	New Luas Station On The Green Line

Understanding Affordable Housing In Ireland

Affordable Housing In Ireland Is Generally Defined As Housing Available At Below-Market Rates to People On Low To Moderate Incomes.Various Schemes And Initiatives Aim To Provide These Homes, Including Cost Rental, Affordable Purchase, And Social Housing.

The Government’s “Housing For All” Plan Outlines Measures To Increase The Supply Of Affordable Homes And Improve Access For Those Who Need Them Most. The Plan Includes Targets For The Delivery Of Different Types Of Affordable Housing Across The Country.

Frequently Asked Questions About The Dublin Affordable Housing Project

• How Many Affordable Homes Will Be Built Near Leopardstown racecourse?

  Over 800 New social And Affordable Homes Are Planned For Construction Near Leopardstown Racecourse In South Dublin.

• Who Is Responsible For Developing The Affordable Housing Project?

  The Land Development agency (LDA) Is Responsible For Developing The Affordable Housing Project On Land Transferred from Horse Racing Ireland (HRI).

• What Infrastructure Improvements Are Planned For The Dublin Housing development?

  A New Luas Station on The Green Line Is Planned To Serve The New Housing Development, Improving Connectivity For Residents.

• what Is The Estimated Cost Of The Dublin Affordable Housing Project?

  The Estimated Total Cost Of The Dublin Affordable Housing Project Is Up To €571 Million, Including Housing And Infrastructure Costs.

• When Is Construction expected To Begin On The Affordable Homes?

  Design And Planning Work Is Scheduled To Begin Immediately, But Construction On The Affordable Homes Is Not Expected To Start For At Least Three Years.

• What Other Amenities Will Be Included In The Housing Development Plan?

  The Local Area plan Includes Provisions For A School And A Full-Size Sports Pitch To Enhance The Community Infrastructure.

What Are Your Thoughts On This New Housing Development? Share Your Comments Below!

What are the potential long-term financial returns on investment in Leopardstown properties, considering factors like rental yields and capital appreciation?

Leopardstown Racecourse Housing Growth: What You need to Know

The Understanding the Leopardstown Development Plans

The housing development at Leopardstown Racecourse is a multifaceted project designed to create a vibrant residential community adjacent to the renowned racing venue. These new homes Leopardstown offers include a diverse range of property types, expected to cater to a wide demographic. This residential development near Leopardstown aims to revitalize the area.

Key Features of the Development

The project has been highlighted for:

• Mixed-use development with residential and commercial aspects, like retail spaces.
• Strategic location offering excellent transport links.
• green spaces and recreational facilities.
• Modern architectural designs and enduring building practices.

Location, Location, Location: Why Leopardstown is Appealing

The prime location is a significant draw for the Leopardstown housing market.Its strategic positioning makes it an attractive proposition for investors looking for properties for sale near Leopardstown. The area benefits from its proximity to:

• Excellent public transport options (including the Luas).
• Easy access to major road networks, such as the M50.
• Proximity to dublin City Center, offering a commute convenient commutes..
• Shopping centers, schools, and recreational facilities.

Leopardstown and DublinS Connectivity

One of the major selling points is the seamless integration with Dublin’s infrastructure. The Luas tram line ensures easy access to the city centre and other key locations, while local bus routes add to the transportation options.

Types of Housing and Investment Potential

The Leopardstown apartments for sale form a significant portion of the housing inventory. Developers are offering diverse options, potentially including detached houses, townhouses, and apartments, designed to meet varied needs and budgets. Understanding the investment potential Leopardstown real estate provides is crucial.

Investment Considerations

Consider these aspects if you are thinking of investing in property for sale Leopardstown:

• Rental Yields: Potential for strong rental income.
• Capital Appreciation: Expected increase in property values over time.
• Community development: Boost in local amenities,businesses,and demand.
• Long-Term Growth: Leopardstown is a growth area with continuous development plans.

Property Type	Average Price Range	Target Demographic	Investment Appeal
Apartments	€350,000 – €700,000+	Young Professionals, Couples, Small Families	high rental yield, lower entry cost
Townhouses	€500,000 – €800,000+	Families, Professionals	Good family homes, potential for appreciation
Detached houses	€750,000+	Families	Long-term value, spacious living

Note: Prices are approximate and subject to change based on market conditions and specific property features. Consult with a local real estate agent for the most up-to-date information on houses for sale Leopardstown. The cost of living in Leopardstown is high, but you will find that the lifestyle pays off for it.

comparing the Development with Nearby Areas

When considering the Leopardstown property market, it’s crucial to compare it with neighboring areas such as Sandyford and Stillorgan. These locations, with their established infrastructures and amenities, provide different perspectives on cost, lifestyle, and investment prospects. Consider the transport links Leopardstown offers to other Dublin areas.

Pros and Cons of Living in Leopardstown:

• Pros:
  • Convenient transport accessibility.
  • Modern housing.
  • Proximity to amenities and recreational facilities.
• Cons:
  • Higher property prices compared to some neighboring regions.
  • Development ongoing may cause some disruption.

Practical Tips for Prospective Homebuyers and Investors

If you’re aiming to purchase a property in Leopardstown, follow these steps to ensure a smooth process:

• Research: Investigate the different properties and developers involved.
• Consult Experts: Seek advice from real estate agents and financial advisors specializing in Leopardstown.
• Review Planning: Explore the planning permissions and development timelines.
• Financial Plans: Assess your budgets, consider mortgages, and understand all associated costs.
• Legal Advice: Ensure you engage a solicitor to handle legal aspects.

For more detailed information, check out The Future of Leopardstown Development

The Leopardstown housing** initiative is continuously evolving. Planned future developments are likely to include more green spaces, more sports facilities, and also the expansion of commercial enterprises. Stay informed about the latest news by monitoring local news sources and contacting the development companies.