Three large development sites on the eastern side of Galway City have been snapped up – including the former Corrib Great Southern Hotel – in a series of deals potentially signalling a turnaround in the land market.
And ‘big league’ property developers from Britain, including Abbey and Genesis Homes, have made a series of enquiries about the market here.
The Galway City Tribune can reveal that the former Corrib Great Southern, along with the former Dawn Dairies site on the Dublin Road, and the old Par 3 golf course in Rosshill have all been snapped up in separate deals in recent months for a total figure understood to be less than €9 million.
At the height of the boom, the three sites were worth a combined total of up to €60 million.
Galway-born brothers Luke and Brian Comer bought the former hotel for just over €3.5 million, and are expected to build a mixed-use development there in the long-term.
The site is expected to be used for a commercial and residential development, along with some form of educational use – possibly as part of the Galway-Mayo Institute of Technology campus.
Selling agent Aidan Gavin of DTZ Sherry Fitzgerald confirmed the former hotel has sold for “in excess of €3.5m”, but refused to reveal the buyer. However, the Galway City Tribune has learned the Comer brothers made the purchase.
The hotel was bought by developer Gerry Barrett in 2006 for a figure believed to be in the region of around €30m.
The brothers also purchased the former Par 3 golf course in Rosshill off the Oranmore Coast Road from the Gort-based Michael Fitzgerald Properties, for a figure rumoured to be in the region of €3m.
The Comer brothers also recently bought the ‘Odeon’ development site in Eyre Square, as well as apartment blocks in Newcastle, Knocknacarra and Oranmore.
Meanwhile, a separate local buyer has purchased the three-acre Dawn Dairies site on the Dublin Road in Renmore for around €1.25m.
The property had been on the market with a guide price of €2m and is zoned for residential use, which would equate to around 50 homes.
Read more in today’s Galway City Tribune
Zoning for houses ‘could impact Galway City Ring Road plan’
Councillors have voted to rezone farming land in Rahoon to allow for houses to be developed, against the advice of planners who warned it could impact on the planned Galway City Ring Road.
The Office of Planning Regulator and Chief Executive of Galway City Council both advised elected members not to change the zoning use from agricultural to residential on the 2.842-hectare (7-acre) site. But it was passed with 14 in favour, three against and one absent.
Cllr Declan McDonnell (Ind), who proposed the motion, said there was a need for more land to be zoned residential to facilitate the growth in population of 40,000 over the next 18 years. Cllr Noel Larkin seconded his proposal.
Brendan McGrath, the Chief Executive, said there was “no requirement to rezone additional land for residential purposes to meet the needs of the targeted population increase up to 2029”.
He said there was sufficient zoned land available to enable development.
The OPR said voting to change the zoning represented a piecemeal approach to planning and was inconsistent with national and regional policy.
“It is also considered that the proposed rezoning could prejudice the strategic future optimal use of these lands in the longer term. With regard to impact on the objective for the N6 Galway City Ring Road Scheme (GCRR), all development has to take cognisance of the objective for the N6 GCRR.
“It is also noted that the draft plan includes that the objective for the N6 GCRR has priority over all land use zoning objectives which is considered to provide sufficient protection to safeguard the scheme objective,” Mr McGrath said.
The National Transport Authority said this rezoning should not be allowed as it is likely to lead to development that was “wholly car-dependent and contrary to national and regional objectives”.
Cash-strapped students targeted by drug dealers, policing meeting hears
Cash-strapped students in Galway are being targeted by drug lords to act as money mules, a city councillor has warned.
Cllr Alan Cheevers (FF) made the remarks at a public meeting of the City Joint Policing Committee (JPC) and said that the €667,000 worth of drugs seized by city gardaí in the first 10 months of the year “is only the tip of the iceberg”.
The meeting at the Connacht Hotel heard that some €45 million passed through the accounts of so-called money mules nationwide this year alone.
Cllr Cheevers said drug dealers were targeting young people in particular.
“They’re in the 18 to 24-year-old age bracket and college students are being targeted,” said Cllr Cheevers.
It was revealed that cocaine was by far the most common drug seized in Galway, making up over half of all the drugs detected – cocaine valued at €348,000 was seized in the 10 months to the end of October.
This was closely followed by cannabis, of which €260,000 worth was taken off the streets by gardaí, while the remainder of the total was made up by heroin, ecstasy and other illegal drugs.
Chief Superintendent Gerard Roche said the drugs problem was “unquantifiable” and promised that city gardaí were “attacking money laundering in a targeted and systematic way”.
Drugs were not only an urban problem but were a huge issue in county towns as well, he said, and all gardaí, from uniformed to armed response, were focused on the issue.
“Roads policing are taking a targeted role in tackling it as well,” said Chief Supt Roche.
“A new strategy is starting tomorrow,” he said at the meeting..
“Getting involved in being a money mule is a personal choice. We can warn and caution people against it.
“We can say so much but people continue to do things that are illegal,” he added.
‘Furore’ over rezoning plan for access to B&B on Headford Road in Galway
From the Galway City Tribune – Councillors have voted to rezone a small section of Terryland Forest Park from recreational and amenity use to residential.
A majority of elected members also approved the insertion of a specific objective into the new Galway City Development Plan 2023-29 that would allow an entrance to the site through Sandyvale Lawn.
This was to facilitate safe access to a home and B&B business off Headford Road, which had become dangerous due to the recent changeover of Kirwan roundabout to a traffic lights junction.
Residents of Sandyvale Lawn, a 100+ housing estate off Headford Road, had objected to the proposals, and so too had Tuatha Terryland Forest Park, an alliance of volunteers and organisations.
The Office of Planning Regulator (OPR) and Chief Executive of Galway City Council, Brendan McGrath, as well as his planning department and recreational and amenity department, had all objected to the changes.
The rezoning, and insertion of a specific objective to facilitate an entrance to the estate, was contained in the same material alteration that came before councillors, but they were obliged to vote on them separately.
Several councillors argued that a new entrance to Sandyvale Lawn was necessary to facilitate safe access to a B&B on Headford Road.
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Cllr Mike Crowe (FF) said the family who owned this business and home had been treated poorly by the City Council during the reconfiguration of the Kirwan roundabout to a signalised junction.
Referencing the large opposition to the proposal, he said the “furore over this is astounding” and argued the impact on green space and the Sandyvale Lawn estate would be minimal.
Cllr Crowe said the proposal was about creating a safe exit and entrance.
Cllr Frank Fahy (FG) said there had been a number of near misses of cars coming in and out of the B&B, which were captured on video.
He said the current system, whereby an amber traffic light allows access to the B&B was “haphazard and dangerous”. He feared there would be a fatality if a new entrance was not approved.
“I don’t like to rezone RA [Recreational & Amenity] land but in this situation we don’t have a choice. We have to remedy a dangerous situation,” Cllr Fahy said.
Cllr Colette Connolly (Ind) said RA land was “absolutely sacrosanct” and she would not vote to rezone.
She asked what the legal position was regarding a rezoning of green space, which residents claimed had been paid for through a green levy applied 40 years ago when the estate was built.
Cllr Owen Hanley (Soc Dem) said he had voted initially to include the material alteration to support the B&B owners, as the removal of the roundabout had made access more dangerous for them.
But he said he would now support the residents of Sandyvale Lawn who had opposed the change.
Cllr Declan McDonnell said the family had lived there for 50 years and now it was more dangerous accessing their home through no fault of their own.
He said it was not safe that they have to enter and exit their home on an amber flashing light.
In a submission, residents of Sandyvale Lawn said the new entrance would negatively impact their estate, by increasing traffic, noise and an addition risk to children playing. They said it could be turned into another rat run like Ballinfoile and Tirellan. They also argued against the loss of green space.
Submissions also objected to the loss of the green space which was part of Terryland Forest Park, dubbed the ‘lungs of the city’.
Mr McGrath asked councillors not to rezone the land and not to insert the specific objective for a new entrance.
Both changes, however, were approved. The RA to R rezoning passed by a 12-5 vote and the specific objective for a new entrance passed by 11-5.