Co Tyrone firm bringing millions of pounds into Dublin with the construction of modular homes to support Dublin’s worsening housing crisis.
Modular homes are being constructed by Co Tyrone, in a bid to help the Irish Capital’s housing crisis, which continues to struggle due to an imbalance in housing supply and demand, which has seen both rent and housing prices soar in Dublin.
The crisis has become so severe, that there have been reports of internet cafes charging people €10 (£8.50) a night to sleep.
It has been estimated that the Greater Dublin area needs at least 1,200 new homes a month to meet demand.
Modular homes are being completed in just three to six weeks, compared to three months using the traditional methods. Donaghmore Construction are completing two Dublin projects in the north of the city – a 2-home development in Wellview, Mulhuddart and a 25-home development in Balbriggan. Fingal Council has said it has plans to build a total of 300 modular homes. It is estimated that a modular housing development of around 20 homes can be worth between £3M-£4M to contracting firms, with a large potential for growth.
The Irish government’s Rapid Delivery Framework includes plans to build up to 1,700 rapid-delivery or modular houses. The overall value of the framework is estimated to be between €250M and €400M (£212.5M and £340M). Last year, Western Building Systems finished a 22-home development in Ballymun, an area to the north of the city and continue to build modular homes in the republic and hope to get involved with future projects in the city.
Marketing Manager, Seamus Donnelly, said the homes were partly modular and built using timber frames as part of a pilot project for the council.
“There’s a housing crisis in the south at the moment so they’re trying to get houses up as quickly as possible,” he said. But between planning and other things that can be easier said than done, so the modular homes offer a good way to get construction completed as quickly as possible.”
Dublin City Council has announced this month that it would begin to offer permanent tenancies in modular homes, since the rising popular and number of people looking for a home now majorly outnumbers supply.
Source – UK Construction Online