City Council seeks €132m loan to fund St Michael’s estate development
St Michael’s Estate

City Council seeks €132m loan to fund St Michael’s estate development

COUNCILLORS on Dublin City Council will be asked to approve a major loan for the local authority next month to fund a residential development in Inchicore.

Dublin City Council needs to borrow €132.5m to fund its first cost-rental apartments at the former St Michael’s estate, according to The Irish Times.