Last month, a house on Dartmouth Square sold for around €2.7 million
Several million homes in Ranelagh will be purchased by the State to facilitate Dublin’s MetroLink project.
Residents of Dartmouth Square West have withdrawn their judicial review proceedings challenging the major project, which could have set it back several years. This came after successful mediation with Transport Infrastructure Ireland, who agreed to purchase the homes.
Transport Minister Darragh O’Brien said he did not have “exact details” of how much the state would pay for the homes. Last month, a house on Dartmouth Square sold for around €2.7 million.
Asked if the state would be willing to pay that much per house, Minister O’Brien said: “I don’t want to speculate on that because the houses are different sizes, different types as well. I’m just saying this news came last night. I’ll see the details.”
“I welcome it. This is, for example, a project worth several billion euros, each euro invested will bring 1 euro back to the economy.” Speaking on RTÉ Radio 1’s Morning Ireland, the Transport Minister said there were “no negatives” to successful mediation with residents.
He added: “There will be an associated cost and obviously the associated cost will be managed. And it will be managed carefully with the delivery of this transformational project for Dublin and for the region, it is essential for our economy.”
The preliminary projected cost of the Metrolink project is between €7.16 billion and €12.25 billion, but Minister O’Brien said he imagined it would be higher, adding: “I will receive the next assessment of the projected investments early in the new year. »
“But this is an investment in our future as a country. And it needs to happen. This is a high-capacity, high-frequency system. [it will] will carry 20,000 passengers per hour and will be essential to the economic development of the region, as well as the creation of housing in the region.
The Transport Minister said the project would take seven or eight years, with completion no earlier than 2034. He confirmed there were three bidders for the project and that the tender would be launched next year and construction would begin in 2027.
Subscribe to our newsletter to receive the latest news from the Irish Mirror straight to your inbox: Register here.



