National mint site in Sandyford set for social and affordable housing designation

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Land Development Agency preparing list of public lands suitable for housing

A large tract of Central Bank lands near the M50 motorway in south Dublin is set to be designated for social and affordable housing as the bank reviews the future of its high-security currency centre in Sandyford.

Members of Dún Laoghaire-Rathdown County Council have voted to provide residential and open space zoning on the Central Bank site, rejecting the proposal of planners in the council’s draft development plan to seek zoning for economic use. The council aims to adopt the 2022-2028 development plan next month.

This has led to some disquiet behind the scenes. Certain figures in the Central Bank have argued privately that the institution should not be compelled to sell land for less than the market rate, saying such a move would infringe its independence of the Government.

 

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