Docklands development authority chief Moloney steps down

BELEAGUERED regeneration vehicle the Dublin Docklands Development Authority has announced its chief executive Paul Moloney has stepped down.

The DDDA, which has a unique responsibility to plan and develop the Dublin’s docklands, said it faced significant challenges and, given their scale, Mr Moloney retired a year early.

The newly-appointed chairman of the DDDA, Professor Niamh Brennan, said it was considered the best option for the 520-acre development project, which now boasts some of the country’s most overpriced development land.