Even pre-covid cities needed to pivot to getting people back living in the core sections if they want retail to survive. This will only accelerate it.
Limerick is small but has very little high quality residential stock in the city centre. That will have to change rapidly if they want city businesses to survive.
He focuses on co-living. Co-living was a tiny percentage of the new housing stock coming into the city. Hotels were being built because of a huge shortage of hotel rooms in Dublin.
He doesn’t mention non sensical preservation orders there once. Where are you going to stick up apartments in the inner city? Both north side and south side there are wide restrictions on building. It sounds great to say we should convert Georgian offices to homes, but that is incredibly expensive. Apparently there is around 100 houses in the city owned by some preservation society, they fall into rack and ruin because their ambitions are unaffordable.
All of the cities he mentions will have challenges.
I agree with lots of other elements of the piece. For too long AGS have done little to police the inner city. Dublin is a safe city but begging and hassling of people on the streets was out of control. There’s no point in building nice cycle paths if you are going to have teenagers throwing rocks at passers by.
Google have already committed €300m to Boland’s Quay which is nearing completion and €120m to the Treasury Building. Their strategy of buying premises outright may see them becoming accidental landlords if WFH reduces the need for space
That’s a nightmare from a tax perspective as they’d potentially be creating a taxable presence wherever that worker was located. They’ll still want them in Ireland I suspect.