Business owners and public sector bodies located at Sandy Road are to meet with the Land Development Agency in the coming months to clear the way for a major 20-acre development at Sandy Road which will deliver up to 1,000 new homes, together with sustainable businesses and leisure spaces.
Affected businesses such as Galway Bay fm, the GRETB, and the two local authorities will discuss options for relocation as plans progress to create a new neighbourhood just one kilometre from the heart of Galway city.
The Land Development Agency (LDA ) which made yesterday’s announcement, was created in September 2018 with the purpose of opening up state-owned land for development. The Government has committed to capitalising it with €1.25 billion following enactment of its grounding legislation. The LDA has a national focus and is currently active on nine sites that will deliver some 4,000 homes.
On the Sandy Road site, the LDA will collaborate with a range of public sector bodies and other landowners with an interest in the site, which is sub-divided into a number of holdings, to progress the project.
This review is the first step in the regeneration of a key area of Galway city. Similar to the LDA’s recently announced partnership with landowners at Limerick Colbert Station, the initiative represents a blueprint and catalyst for additional transformative projects.
Keith Finnegan, Chief Executive of Galway Bay FM, one of the companies which will be affected, says that the radio station looks forward to participating in the process of development.