Builders back in business with plans for new Galway homes

Two of Galway’s biggest developers are attempting to kick-start housing construction in the city, with separate new plans for more than 80 new homes.

The plans are for developments in the Clybaun area of Knocknacarra, and on Circular Road and are a bid to address the city’s chronic shortage in new housing stock.

In the coming days, Kenny Developments is set apply for the 58 houses at Mincloon on the Clybaun Road and comes just three months after the company sought permission to build 18 new homes on the Cappagh Road.

And developer and property investor Tom Broderick – best known for his former role in TBD Developments – has sought permission to build 24 detached houses at Cúirt Chéirín on Circular Road.

There is already a serious shortage of ‘quality’ housing stock in Galway City and suburbs, which is steadily driving prices up in sought-after areas.

The volume of property sales in Galway for the first nine months of this year is up almost 44% on the same period last year from 943 to 1,353 homes.

And research recently published by the Economic and Social Research Institute (ESRI) has indicated there will be a shortage of 3,000 properties in Galway by 2021.

Separately, Kennys have been told to redesign their plans for 18 semi-detached and detached houses on a 1.65 acre site beside Cappagh Park in Knocknacarra, after planners raised concerns about zoning and the physical appearance of the properties.

Read more in this week’s Connacht Sentinel