Project Update: Commons Road, Navan, County Meath

Project Update: Commons Road, Navan, County Meath

Week 3 Back on Non-Essential Sites

Last week it was reported that construction sites across Ireland were operating at between 30 percent to 50 percent capacity.  As we close out Week  3 back working on non-essential sites,  it is clear that contractors and site operatives are adjusting to the new safety protocols and social distancing measures on site with the rapid introduction of new technology and on-site devices for fever screening and verification of CIF Induction training.

While the re-opening has been gradual and the return to site phased for different work teams, productivity is increasing week-on-week and local supply chain issues are being resolved (overseas supplies continue to experience delays). According to weekly updates from construction consultants and industry commentators, overseas labour has yet to return to Ireland. This is being attributed, in part, to ongoing travel restrictions and the current quarantine requirements for people arriving in Ireland this month.

Project Update: Commons Road, Navan, County Meath

Castlehaven Finance currently supports in excess of 60 active sites across Ireland that will deliver over 1,500 new homes.

One of these developments is a significant scheme located at Commons Road, Navan, County Meath. The entire development, when completed, will consist of 111 residential units and two childcare units across seven blocks. The development is planned for delivery in two phases, with 20 houses and 42 apartments being delivered in Phase 1, together with site services and landscaping works.

Two of the blocks are completed to the point of airtightness, with a third close to that stage. Blockwork is complete on two of the remaining blocks, with groundworks ongoing for the final two blocks.

The project delivery partners are:

With offices in Dublin and Cork, Castlehaven Finance has provided development finance for both private and social housing to developers, builders and project owners across Ireland in excess of €1.7 billion (200+ loans) since 2014. Speak to the Castlehaven Finance team about your next commercial or residential development project https://www.castlehavenfinance.com/contact

Project Update: Commons Road, Navan, County Meath

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