Finally some common sense on student accommodation: TCD accommodates 10% of its students, city center universities typically accommodate over 40% and in the states even more. Universities are efficient land lords, they can force students to keep up with rent by refusing to give them their exam results until they pay of arrears, those few who genuinely are in difficulties, well the University tries to look after students in that situation anyway and a short term rent rebate is a good way to help. Student accommodate makes for a proper Unversity experience and helps the University acquire land that might in the future be used for other purposes. In the plan discussed below, TCD says it want 1000 rooms within half an hour of the College, I hope they get somewhere in town and I am sorry they are still obsessed with large scale provision without also pursuing piecemeal acquisition, but it is better than nothing.
who may repeating it from the Sunday Tribune.
Trinity College throws developers a lifeline
Developers with housing estates lying empty in Dublin are set for a huge fillip. Trinity College Dublin (TCD) has circulated a requirement for 1,000 student residential units by September 2010, and possibly as many as 3,500 by 2020.
The student residences and associated facilities must be close to the university "or near a public transport system facilitating a maximum commute of approximately 30 minutes", according to documents circulated by the university last week. That means areas as far away as Sandyford and Dun Laoghaire in the south of Dublin and Howth in the north could be considered because of the Luas and the Dart. Large parts of the docklands and Poolbeg would also be suitable.
"The accommodation may be new purpose-built or existing accommodation, modified if necessary, to satisfy the university's requirements," the documents state. Undeveloped sites will also be considered.
"They could possibly get the residences for below build cost," one expert said last week, citing the fall in property values, the number of residential developments lying vacant and some developers' desperate need for working capital.
Consultants Bruce Shaw are handling the process for the university and TCD has said the contract for the chosen sites "will include any required design and other services necessary for its procurement and may also include options for full operation and/or financing".
A contract notice relating to the need for the student accommodation is expected to be published in the second quarter of this year.