The Irish Times reports:
Another Dublin City Council public-private partnership (PPP) which was to provide the regeneration of an inner city social housing complex has collapsed.
Croke Villas, a 1960s block of 79 flats off the Ballybough Road in the north inner city, was to have been redeveloped as a complex of retail, private apartments and 36 social housing units under a PPP between Bennett Developments Ltd and the council.
The termination of the project follows the collapse this year of five PPP social housing regeneration schemes between the council and developer Bernard McNamara. The changes in the housing market meant it was no longer viable for Mr McNamara to provide social houses in exchange for land to build private housing.
Read the whole article at http://www.irishtimes.com/newspaper/ireland/2008/1211/1228864662524.html.
