CCC CDP 2022-2028 2 Year Progress Report

[ Cork City Development Plan 2022-2028, Section 15(2) Two-Year Progress Report ]

New Dwelling Typologies A breakdown of the 1,963 units completed in the city between Q3, 2023 and Q1, 2024 shows that non- apartment units within housing schemes are the dominant typology being delivered. These unit types account for 69% of the overall units delivered, with apartments being 26% and single homes (not delivered as part of a larger housing development) accounting for the remaining 5%. The relatively high rate of apartment delivery includes duplex units in edge-of-city locations such as Ballyvollane, Ballinglana in Glanmire, Maglin and Castletreasure. The recent delivery of a number of Purpose-Built Student Accommodation (PBSA) and social housing apartment schemes apart, the rate of apartment delivery in central areas of the city remains low.

Figure 4: New Dwellings In Cork City By Type Q3, 2022 - Q1, 2024 (Units)

300

250

200

150

100

50

0

2022Q3

2022Q4

2023Q1

2023Q2

2023Q3

2023Q4

2024Q1

Single house Scheme house Apartment

Type of House Single house Scheme house

2022 Q3

2022 Q4

2023 Q1

2023 Q2

2023 Q3

2023 Q4

2024 Q1

TOTAL

16

19

10

18

16

11

13

103

226 244 188 281

117

109 185 1,350

88

90 62

7

24 198

41

510

Apartment

Total

330 353 260 306 157 318 239 1,963

Source: CSO New Dwelling Completions (Table NDQ06: https://data.cso.ie/table/NDQ06)

Commencement Notices A commencement notice gives notice to local authorities of the construction of buildings, or the carrying out of works, as specified in the Building Regulations. Planning permissions most commonly have a five-year lifespan and do not always result in delivery. An analysis of commencement notices therefore provides a more accurate view of construction activity and trends. Commencement notices were received for 2,534 units in Cork City between Q3, 2022 and Q1, 2024. The monthly average rate increased sharply in the second half of this period. Comparing the quarterly averages of housing completions (280 units) and commencement notices (362 units) in Cork City over the last 2 years shows that commencement notices are generally 30% higher for the same periods. Allowing for a 12 to 18-month time lag from commencement to completion, this trend points towards an increased residential delivery rate for Cork City up to the end of 2025.

19

Powered by