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Vacant blocks

  • 25-05-2018 2:14pm
    #1
    markpb
    Registered Users, Registered Users 2 Posts: 9,390 ✭✭✭


    This article is on the Irish Times website
    Block C forms part of a gated development constructed 10 years ago with 202 apartments and 253 car parking spaces. The scheme was designed by Scott Tallon Walker and constructed to a high standard by Sisks in 2006. The block going for sale has been vacant since it was developed.

    I see this from time to time in the papers. Can someone explain to me how a situation like that happens? 12 years is a long time to leave a new building completely empty.


Comments

  • #2
    mad m
    Registered Users, Registered Users 2 Posts: 9,016 ✭✭✭mad m


    Very interesting. Yeah it’s mad. Could house a lot of families if bought by council.


  • #3
    antoinolachtnai
    Registered Users, Registered Users 2 Posts: 9,815 ✭✭✭antoinolachtnai


    mad m wrote: »
    Very interesting. Yeah it’s mad. Could house a lot of families if bought by council.

    It will still house a lot of families as long as it is rented out intensively.


  • #4
    the_syco
    Registered Users, Registered Users 2 Posts: 37,316 ✭✭✭✭the_syco


    The block going for sale has been vacant since it was developed
    mad m wrote: »
    Very interesting. Yeah it’s mad. Could house a lot of families if bought by council.
    They'd have the completely convert the entire block. And do so whilst the residents live there. I pity the other residents.

    It's the one at the corner of the two tracks; https://goo.gl/maps/YBLA6jbSjZH2

    Whoever built it was a fool. What business would want to walk through a residential area to get to their offices? Or bring clients through it?

    The best angle of the front is; https://goo.gl/maps/37xVrfcTLA82


  • #5
    Askthe EA
    Registered Users, Registered Users 2 Posts: 724 ✭✭✭Askthe EA


    It is possible that the apartments were never kitted out and as such the buyer will have to allow a significant spend.


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