Building 10,000 homes on public land would cost €3bn

The report outlines that while 67,000 homes could possibly be built on 83 plots of public land in Ireland’s largest urban centres over the next 15 to 20 years, just 9,760 of them are deliverable within the 'near term', or within five years. File picture: Sasko Lazarov / RollingNews.ie

Building just under 10,000 homes on the most readily available public land would cost nearly €3bn over the next five years, according to new figures.

The Land Development Agency’s first report on the public land which could be used to create housing stock estimates 25 developments in the largest urban areas around the country would cost a maximum of €2.97bn to develop fully.