Dublin City Council last night voted down a proposal to build 850 homes on public land that would have involved Glenveagh Properties as a partner.
The deal on the site located in Santry, North County Dublin, would have seen Glenveagh build 253 social housing units (30% of the scheme), 172 affordable housing units (20% of the scheme), whilst the remaining 428 units would have been sold privately.
It is reported that councillors voted 48 to 14 against the plans.
Source: www.businessworld.ie