Land agency to pay ESB €3.1m for Cork City site for development of 350 homes

Six-acre site is adjacent to the Wilton Shopping Centre and near Cork University Hospital and UCC

The LDA is the agency with responsibility for the development of unused land in State ownership, primarily for housing.

The Land Development Agency (LDA) is set to pay the ESB €3.1m for a site at Wilton in Cork City — more than six times its previous valuation.

The six-acre site, adjacent to the Wilton Shopping Centre and near Cork University Hospital and UCC, had been earmarked for the construction of 350 homes by the LDA.