Dundrum centre 'should be capped at three storeys high'
A SOUTH-Dublin councillor has sought to limit the height of a proposed expansion to the Dundrum Town Centre shopping complex.
The cathaoirleach of Dun Laoghaire Rathdown (DLR) County Council, Barry Saul, is seeking an amendment to the draft development plan that would see it capped at three storeys.
The move comes days after Nama announced the sale of the loans associated with Dundrum Town Centre, which attracts 18m shoppers a year.
A firm linked to the Celtic Tiger shopping centre's developer Joe O'Reilly secured planning permission in 2010 to replace the nearby 1970s-era mall on Main Street with an 80-shop centre as well as a hotel and library.
That planning permission, for what in effect would have been an extension of Dundrum Town Centre, has now lapsed, the Irish Times has reported.
Fine Gael's Cllr Saul wants to ensure that any new plan to redevelop the Main Street site is no more than three-floors high and is seeking to include the amendment in DLR's draft development plan to cover the years 2016 to 2022.
"We need to make sure any future development of Dundrum Town Centre Phase 2 respects the original village and street-scapes," he told the Herald.
"While Dundrum Town Centre has been a great success for local jobs and our economy, we need to retain a main street in Dundrum and support and enhance the original town."
He said he has also lodged a motion to include a "specific local objective" in the plan aimed at safeguarding the provision of a community radio station in Dundrum Town Centre.
Earlier this week Nama confirmed that it sold a loan portfolio associated with shopping centre that also includes a 50pc stakes in Dublin's Ilac Centre and the Pavilions Shopping Centre in Swords for €1.85bn.
It is the agency's biggest single transaction to date. UK property firm Hammerson and Germany's Allianz Real Estate are buying the loan portfolio known as Project Jewel.
"We are very pleased with the successful outcome of this competitive loan sale," said Nama boss Brendan McDonagh.