The next few years will be critical for beleaguered builders in Co Galway.
That's according to construction industry statistics, which suggest the Galway area is facing a chronic shortage of new homes until 2016.
A builders' group has now suggested developers should now be 'sitting down with financiers and policymakers', to plan new housing estates.
The Construction Industry Federation's 'West Region Future Housing Demand Study' claims there are 629 new and vacant homes in Co Galway, a further 305 weathered' (at an advanced stage) and 136 under other stages of construction.
Using the figures collated last October by the Department of the Environment and projections under the Regional Planning Guidelines, the CIF believe that 4,871 units will be required between by 2016 - which suggests a shortage of 3,901 homes within less than six years.
In contrast, last year, the National Institute for Regional and Spatial Awareness (NIRSA) report entitled 'A Haunted Landscape: Housing and Ghost Estates in Post-Celtic Tiger Ireland', found an estimated oversupply of 6,975 homes in Co Galway.
(BMcC/GK)
Construction News
07/02/2011
Galway Housing 'In Six-Year Crisis'
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19/02/2025
Work is set to commence on a new £671m Northern Ireland children's hospital 'in a matter of days', the NI Executive has announced.
With a five-year construction timetable, the 10-floor state-of-the-art facility located within Belfast's Royal Victoria Hospital site is projected to be opened by Belf
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19/02/2025
County Tipperary-based Glas Civil Engineering has commenced works on a major active travel project in County Kildare.
The project includes a comprehensive upgrade of Mill Street, Maynooth, spanning from the Leinster Street /Main Street junction to the Kilcock Road / Moyglare Road junction.
The en
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19/02/2025
Northern Ireland construction firm GRAHAM has been awarded a significant contract by Surrey County Council to deliver essential improvements to the A320 north of Woking highway.
This is a key infrastructure project funded through Homes England's Housing Infrastructure Fund.
The scheme, designed t
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19/02/2025
A £1.1m project to provide new and improved facilities at a County Armagh primary school has been completed.
Education Minister Paul Givan officially opened the upgraded Foley Primary School, which saw additions of a multi-purpose sports hall, two mobile classrooms, new school central heating syste
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19/02/2025
Ward and Burke Construction Ltd has commenced works on behalf of Uisce Éireann to replace ageing and damaged watermains in Snave, County Cork.
Over 800 metres of old watermains, which are prone to frequent bursts and leakage, will be replaced and upgraded with new modern pipes. Once completed, whic
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19/02/2025
Works to repair a historic clock in County Down have successfully been completed.
The refurbishment of Dan Rice Hall's clock tower in Drumaness was made viable following an investment of £15,000 by Newry, Mourne and Down District Council, with funds going towards new clock faces, back light feature
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19/02/2025
Representatives from Galway City Council and Galway's Westend business association met this week to explore current and future projects for their area.
Topics covered during these discussions included potential improvements at Father Burke Park, the current summer pedestrianisation, public realm im
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19/02/2025
The deadline for applications to NI Water's award-winning Entry Level Academy has been extended.
Submissions for the 23 highly sought after apprenticeship, higher level apprenticeship and graduate jobs will now close on Monday, February 24, at 10am.
NI Water's Entry Level Co-ordinator, Stacey Wats
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19/02/2025
Public opinion is being sought for the development of an exciting project in County Waterford.
The Thomas Street Creative Project is an initiative to inform and shape the local community and the cultural direction of Thomas Street in the heart of Waterford’s Cultural Quarter (WCQ).
With the public
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19/02/2025
A road closure is set to commence next week to facilitate essential drainage works in advance of a road reconstruction project at the L5036 in County Wicklow.
Beginning Monday, February 24, the L5036-Ballinastoe Road will close for approximately 2 weeks. A diversion route will be in place through t