The planned redevelopment of two derelict Victorian buildings bought by Dublin City Council seven years ago for social housing has been cancelled due to the “excessive cost” of the project, which has reached €1.7 million. The council bought the houses for €350,000 each, hoping to have them back in use the following year after renovation work. Combined with the purchase price this would put the overall cost of the project at €2.4 million or €1.2 million per social home. This cost was “excessive”, the council said, and meant “ value for money” in using the buildings for social housing could not be achieved. The Connaught Street houses are among more than 100 buildings, most of which are houses, listed on the council’s derelict sites register.

Source: The Irish Times March 05, 2026 22:35 UTC