Law Society fails in bid to avoid vacant site levy
The Law Society of Ireland has failed in an appeal to avoid paying the new vacant site levy on undeveloped land near its headquarters in Dublin.
An Bord Pleanála said the undeveloped site at 32-40 Benburb Street is suitable for housing.
The Law Society said it had acquired the site just south of its present headquarters “so that the envisaged expansion of accommodation required for the Law Society over the next 50 years could occur adjacent to its historic base”.
It added that part of the site was used for storage, that it would commence development of the site within three to four years, that it was in discussions with an adjacent site owner regarding the construction of a hotel, and it had endeavoured to make the site look attractive.
However, in a board decision, An Bord Pleanála upheld Dublin City Council’s decision to classify the land as vacant.
Because the land is valued at €5.4 million, the Law Society will be asked to pay a levy of €162,000 if it remains undeveloped as of January 2019, rising to €378,000 in January 2020.