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The newbuild estate frozen in time: Residents left staring at barren building site after 50 abandoned houses demolished when builder went bust https://t.co/xonX6VGsZg
Family-owned housebuilder MKN Property Group has let go half of its workforce due to a dearth of viable planning permissions. https://t.co/ECNZPFBpMt
NIMBY residents threw street party after blocking 250- home development next to their village... but a decision months later would leave them stunned https://t.co/V6RR1Ks0T2
Irish housebuilder MKN Property Group has dismissed over half of its staff after running out of projects to build, company director Brian McKeon said. The family-owned firm blamed a prolonged shortage of viable planning permissions, which has left developments stalled and construction materials idle. McKeon added that the company had already purchased about €1 million worth of precast walls that are now sitting unused in a field in Cavan, underscoring how delays in the planning system are stranding capital and hitting employment in the sector.
