McInerney Homes seek time for Limerick development

Anne Sheridan

Reporter:

Anne Sheridan

The stalled development at Alandale Square on the South Circular Road in Limerick
A CONSTRUCTION company which has gone into receivership has applied for more time to build 47 residential units on the South Circular Road in Limerick.

A CONSTRUCTION company which has gone into receivership has applied for more time to build 47 residential units on the South Circular Road in Limerick.

McInerney Homes Ltd applied to Limerick city and county council on October 14 for an extension of time for the construction of 47 residential units in Alandale Square, Courtbrack Avenue.

The units consist of 18 four-bed semi-detached houses, 12 three-bed semi-detached houses, nine three-bed town-houses and one block of apartments, consisting of eight two-bed apartments together with car parking, landscaping and associated site works.

The files were initially lodged in November 2009, and granted in August 2010.

However, the council refused to grant extra time for another development by the same company in Alandale Orchard earlier this year. A decision is due by the council on December 8 next.

Planning files show that the application was made by Kieran Wallace, and Padraig Monaghan, joint receivers and managers with KPMG Restructuring in Dublin.

The company had been responsible for the construction of hundreds of homes across Limerick during the boom, including two developments in Mungret, Rosbrien, Kilteragh in Dooradoyle, amongst others.

In existence since 1966, McInerney Homes had a receiver appointed in July 2011, as its parent company, McInerney Holdings, owed a consortium of banks a combined €113 million.