Dublin city council is proposing restrictions on build-to-rent schemes as part of its new development plan.
They would be limited to certain parts of the city, while the maximum number of one-beds allowed in a scheme is being reduced.
In the North Inner City and Liberties Sub-City Areas projects with 15 residential units or more will be required to have a minimum of 15% three or more beds and a maximum of 25%-30% one bed/studio units.
The draft plan, which will run for the next six years, aims to accommodate 40,000 new homes.
It will create 17 Strategic Development Regeneration Areas.
The policy allows for build-to-rent accommodation in the following specific locations:
- Within the Inner City (i.e. within the canal ring).
- Within 500 metre walking distance of a high
employment area i.e. more than 500 employees per
hectare. - Within 500 metres of major public transport
interchanges (e.g. Connolly Station, Tara Street Station
and Heuston Station), and - Within identified Strategic Development Regenerations
Areas
In order to ensure a sustainable mix of tenure and long term sustainable communities, the plan sets out that at least 40% of the homes must be available to sell in schemes of 100 units or more.
While it says BTR schemes of less than 100 units will generally not be supported.
Submissions on the plan can be made by Monday, the 14th of February 2022 on www.dublincitydevelopmentplan.ie.