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Dublin: 10 °C Thursday 20 June, 2013

NAMA confirms plan to demolish derelict Longford apartment block

Will the demolition of 12 apartments outside Longford mark the start of a new nationwide programme of deconstruction?

The unoccupied Gleann Riada apartment block, pictured here in 2009, will be knocked this summer.
The unoccupied Gleann Riada apartment block, pictured here in 2009, will be knocked this summer.
Image: Google Maps

NAMA HAS INDICATED plans to demolish a derelict apartment block on the outskirts of Longford – the first time that it has planned to knock a project in order to maximise the value of its assets.

The agency has confirmed plans to demolish the Gleann Riada apartment block, located on the Strokestown Road in Ballyminion just outside Longford town.

The block of 12 apartments is part of an estate of 90 properties built in the middle of the last decade by Antrim-based developer Alastair Jackson, but none of the 12 was ever sold.

NAMA had appointed a property receiver, Lisneys, to a mortgage relating to the estate in March of this year.

NAMA said its priority was to make the unfinished estate safe for its current residents, and that in doing so it had made the joint decision with Longford County Council to demolish the block.

The demolition work is to begin shortly and will take about three weeks to complete. NAMA itself is financing the work.

A spokesperson for NAMA said the agency had involved with around a tenth of Ireland’s ‘ghost-estates’, and its priority in each case was to take whatever work was needed to ensure that each development was safe for residents who already lived there.

“Where it is uneconomic to finish out an estate or a part of an estate, or if the local authority deems it to be structurally unsafe, we will invest our resources in demolishing the relevant structure and ensure that it is made safe for other residents,” the spokesperson said.

NAMA chief executive Brendan McDonagh said this time last year that the agency could pursue a programme of bulldozing certain unfinished building developments in partnership with foreign banks like Ulster Bank and ACC, which were not subject to NAMA takeovers.

This was because undeveloped agricultural land was likely to be more valuable, and fetch a higher market price, than land containing an unwanted or unfinished housing development.

A government survey last year found around 10,000 individual uncompleted houses around the country, as well as over 23,000 homes which were completed but unoccupied.

Read: Banks may convert ghost estates to greenfield sites – NAMA chief

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Comments (34 Comments)

  • A monument to the stupidity of the era…

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  • Was listening to a discussion on this yesterday. It seems this block of flats is a danger to people due to its condition. Seemingly in this case knocking the flats is the best and cheapest option.

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  • 26/06/12 #

    “NAMA had appointed a property receiver, Lisneys”

    Is this the same shower that did their utmost to drive the property bubble ? Now getting business as receivers ?

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  • The photo above does not at all represent what that block of flats looks like now. All the windows are broken, it’s been completely vandalised and ive heard that anything that had any value inside the flats had been stolen out of them. I know people that live in the estate and their hearts are broken asking the local council to do something about the vandalism going on over the years and finally something is being done. I understand people saying about social housing but I’ve seen these flats and I wouldn’t but my dog in them!! That pic should not have been used for this article!!

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  • Will any councillors go to jail for neglect of duties? Will the town planner go to jail for failing in his responsibility? Wil the County Manager go to jail as he is ultimately responsible ? Never. Its total corruption and stinks of brown envelopes. A simple paper trail of who signed off on planning and see who got the money. To think that government want to give more power to local councils – its criminal.

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  • Such a wasteful society, an utter disgrace.

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    • This estate was built on a flood plain so isn’t fit to house people. How was it ever built? what councillors gave the go ahead? Wheres the accountability?

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    • Aidan 26/06/12 #

      Well said John!

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    • As John said ‘What councillors gave the go ahead’ this information is critically important. Name these people are prosecute them where appropriate. This is a shameful waste of time and money and resources. These people in power to make such appalling decisions must be held to account. Cork is littered with simliar decisions, ie Kingsley Hotel etc Cork County Hall extension, County Library etc.

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  • Do people realize that the dismantling of this so called apartment block has been stopped ,by the “good people ” from the parks and wild life service……. Housemartins and Bats in residence, didn’t you know!!!!!!. It is worth going and having a look at this monument to the greed of the developer. Pity for the birds but what about the humans who have to live in the sewer gas environment ,that is their house/home in that estate, where is the concerned state body to protect them???????.

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  • I think NAMA was formed less than 3 years ago (it might feel like longer). Very little chance NAMA could have got ‘decent money’ on these flats even if they were up and running…

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    • That depends
      Compared to charging the taxpayer hundreds of thousands (and maybe millions) of Euros to demolish and dispose of these buildings,
      giving them away would have been cheaper on us.
      Jobs for the boys?

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  • Bryan 26/06/12 #

    People’s homes being taken everyday and these guys are going to demolish them? They should become social housing, this country is going to need them.

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    • in some areas those properties will be of no interest to people, including those looking for social housing. turn into a small park I say.

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    • Bryan, I agree in principle. But some of these ghost estates/apartment blocks are in the *rse end of nowhere, with little or no access to public transport, and far from a population centre. What use is social housing if it is not well served by public transport, and is nowhere near a population centre, where the jobs/FAS/social welfare offices would be?

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    • Bryan, while I agree with you in principle, this particular block is not, and has never been, habitable. The developer was just trying to make a quick buck I suppose, and skimped on safety essentials (as many did at the time). It never complied to fire regulations and was condemned years ago. It has just taken them years to agree to knock it down.

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    • Bryan 26/06/12 #

      I wasn’t aware of the conditions. That’s a shocking waste when families are struggling so much.

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  • To be fair it really depends on the situation you’re in. If your like me (just moved back into my parents) and your only outgoing is fifty a week for rent then there is nothing really to complain about.

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  • Couldn’t agree more Frank

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  • Longford?

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  • A prison?

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  • Is the gov’s plan to indefinitely hold and/or quietly demolish all this property ?? Seems as thou their artificial inflating rent prices so landlords can keep paying their mortgage on a 2nd, 3rd, 4th… property.

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  • Another thing about social housing – why do people feel entitled to be housed twice simply because they would like to moe or relocate when others can’t get a place to live. People are given perfectly good houses and then after 5 or 10 years these houses are boarded up and the taxpayer must rehouse them. If anti social behaviour is the main cause how it is up to others all the time to pay?

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  • These apartments are a pure disgrace and not suitable for habitation.All properties build by this developer should be examined for fire regulations and other building safety regulations nAnd I am sure this developer is not the only chancer out there There is PRIORY HALL and how many more PRIORY HALLS are out there? … Planners and Developers heads should roll over the likes of this

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  • Demolishing brand new properties?
    Says a lot for most of the properties that were thrown up in the boom.
    To small, badly built, no services, badly located etc, etc, etc.

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  • Great news that there is no body on housing waiting lists or homeless in this county

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  • But, you know what.
    If NAMA didn’t wait this long and they put these properties on the market 3-4 years ago, they probably would have got decent money for them.

    This is a perfect example of how NAMA(and co) have destroyed the property market and the country.

    Reply

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