LDA Chief Executive John Coleman said:
This landmark development for the LDA is the first of many projects in our pipeline. It will be one of the largest residential construction projects in Ireland and is a major statement of our intent to help renters, buyers and people in need of social housing with large-scale delivery of high-quality new homes. It also points to the effectiveness of the LDA and the potential to work with local authorities and other public landowner partners.
This development will offer renters long-term security of tenure while also adding to the supply of social and affordable housing in the Dún Laoghaire-Rathdown area. Its proximity to the planned DART and BusConnects transport options is consistent with our ethos of engendering reduced need for car journeys. Dún Laoghaire Rathdown County Council is an excellent partner and we are grateful to the Council members, its executive team and its staff for the ambition, expertise and co-operation they have brought to getting the project to this stage. This project is an excellent example of what can be achieved by local authorities and the LDA by working towards our shared goal of delivering more homes.”