Cross-border developers warned
Developers and land owners from Northern Ireland with sites in the Republic of Ireland were warned today to review their planning permission or risk losing their investment in the south following new legislation introduced by the Irish Government.
Within new legislation, developers have one opportunity to apply for a time extension of planning permission of up to five years based on economic circumstances under the Planning and Development (Amendment) Act 2010.
This follows the identification of 3,000 'ghost sites' in the Republic of Ireland - sites that have received planning permission but due to the recession, cannot be completed.
Eamonn Loughrey, partner at DPP, a large independent town planning consultancy, urged developers to take action. "Many planning permissions are soon to expire unless a time extension is sought and granted," he said.