Dublin chief slams NAMA over property rejection
Dublin GAA CEO John Costello has criticised NAMA after the county board were out-bid for a prime property on the city's southside.
Dublin attempted to purchase the NAMA-controlled Spawell Complex in Templeogue for use as a major GAA facility, but have been informed that their bid was unsuccessful.
The property went on the market with an asking price of €6.5m, and while it's understood that Dublin bid considerably more than that, they failed to land the 35-acre prize asset.
The site is also large enough to cater for the development of a 25,000-capacity stadium, which has been mooted in Dublin for some years.
Costello expressed his disappointment at the failure to secure the deal and also raised issues over NAMA's approach.
"It is disillusioning and regrettable that NAMA, despite the inclusion in their terms of reference of 'Community Development' have failed once again to acknowledge the role of voluntary organisations in their disposal strategy in the generation of social capital," he said.
He also claimed that the Dublin plan had other attractions.
"We considered that the Dublin GAA proposal for the construction of five grass and synthetic playing pitches and complementary facilities represented the best value for NAMA and the tax-payer involving, as it would, significant benefits to the community in terms of participation in sport, health and fitness and the economy generally," he said.
The Spawell Complex, which is situation just off the M50 motorway, close to the St Jude's and Ballboden-St Enda's GAA clubs, received planning permission in 2010 for a 150-bedroom hotel and leisure centre, plus 579 car spaces.