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  #51  
Old 16-04-2014, 06:48 PM
Mr John Terry Mr John Terry is offline
 
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Quote:
Originally Posted by Stacky View Post

Sounds like the developer will submit a new application anyway.
Ya, I'd imagine they'll do a redesign to allow access from Albert Quay.
Flynn got his knickers in a twist because they wanted to access via Port Lane.

The other objections are questionable to say the least.
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  #52  
Old 17-04-2014, 02:37 PM
Hard Shaw Hard Shaw is offline
 
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Quote:
Originally Posted by Mr John Terry View Post
Ya, I'd imagine they'll do a redesign to allow access from Albert Quay.
Flynn got his knickers in a twist because they wanted to access via Port Lane.

The other objections are questionable to say the least.
I hope they can resubmit and get approval pronto as Cork needs this building and a couple of more beside it.
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  #53  
Old 17-04-2014, 08:31 PM
poulgorm poulgorm is offline
 
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Originally Posted by Stacky View Post
2 other Cork developers who built empty unflexible developments objecting is farcical.

O'Flynn is finished after this after objecting to the scale with his 17 storey Elysian Tower lying idle. All these developers are finished anyway.

Yesterdays men wanting to influence the future.
O'Flynn finished ? Not likely. The cutest developer of them all. No personal guarantees. No bankruptcy for him - he owed the banks over €1,000 million, but kept his house, helicopter, personal wealth and lifestyle.

We are paying off his debts.

It's a good trick to pull off, you have to admit.
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  #54  
Old 17-04-2014, 08:38 PM
Jim Comic Jim Comic is offline
 
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they don't call him Keyser Söze for nothing
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  #55  
Old 17-04-2014, 11:19 PM
Mr John Terry Mr John Terry is offline
 
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Originally Posted by Jim Comic View Post
they don't call him Keyser Söze for nothing
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  #56  
Old 18-04-2014, 08:27 AM
Stacky Stacky is offline
 
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Quote:
Originally Posted by poulgorm View Post
O'Flynn finished ? Not likely. The cutest developer of them all. No personal guarantees. No bankruptcy for him - he owed the banks over €1,000 million, but kept his house, helicopter, personal wealth and lifestyle.

We are paying off his debts.

It's a good trick to pull off, you have to admit.
Finished as a developer
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  #57  
Old 18-04-2014, 02:00 PM
Bin Hex 12 Bin Hex 12 is offline
 
Join Date: Sep 2005
Posts: 7,361
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Originally Posted by Stacky View Post
Finished as a developer
O'Flynn's company has carried out the restructuring required by Nama and he expected to be the first developer to come out of the process and O’Flynn Construction will continue to manage and develop most, if not all, of its assets.

Just over half of the assets are held outside the country other assets and sites include the Haymarket development in Edinburgh, a €200m joint office/hotel/ retail development between O’Flynn’s company, Tiger Developments, and Interserve. There are also assets and investments across Britain, and Germany, as well as Spain.

In Dublin, O’Flynn Construction’s largest site is the former Nissan HQ on 18 acres on the Long Mile Rd on a Luas line, acquired for €115m in 2007 to accommodate 800 housing units, and it also has a housing site in Killiney.

O’Flynn’s main developments include the Elysian building, as a well as major developments in Ballincollig on the former barracks site, Mount Oval in Rochestown and East Gate Business Park in Little Island, where it recently completed an office building sale to Eli Lilly with Nama support.

The recent sale of its loan portfolio means development finance will become available for O’Flynn Construction sites in Ballincollig, Dunkathel and East Gate.
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  #58  
Old 18-04-2014, 05:33 PM
poulgorm poulgorm is offline
 
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Quote:
Originally Posted by Stacky View Post
Finished as a developer
Not finished at all - read Ben Hex above. As I said, the cutest of all of them.
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  #59  
Old 18-04-2014, 06:14 PM
Meridian Meridian is offline
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They will be the first construction to start building houses again summer in Cork
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  #60  
Old 18-04-2014, 06:15 PM
Stacky Stacky is offline
 
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Quote:
Originally Posted by poulgorm View Post
Not finished at all - read Ben Hex above. As I said, the cutest of all of them.
Ya.

Are banks going to lend more money after a billion gone down a hole ?
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