UCD have shelved plans for 1,200 student beds due to "spiralling" construction costs.
The college’s student accommodation development was “not viable” in the context of spiralling inflation, correspondence between UCD president Mark Rogers and Minister for Higher Education Simon Harris has revealed. The project, which aimed to solve accommodation issues for UCD students, involved the development of 1,200 on-campus student apartments.
The university had sought a contractor to build the extra campus accommodation, but the prices received by bidders were all too high, Mr Rogers said in correspondence released to the student newspaper The College Tribune, following a Freedom of Information Act request. A UCD spokeswoman further told the Irish Times that the expected cost of construction for the accommodation had “doubled” due to “war in Ukraine, supply difficulties and rising inflation”.
