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Thu 03 Mar 2011Property group must decide on Lucan site

A PROPERTY group that posted huge losses last year is now faced with a decision on whether to go ahead with the development of land near Lucan that it agreed to acquire from South Dublin County Council at the height of the boom in November 2006.

Shelbourne Development Ltd, controlled by Garret Kelleher and chiefly known for its abortive Chicago Spire project, swapped land at Cooldrinagh, near Leixlip, for a 41.5-acre site at Kishogue, in the Balgaddy/Clonburris strategic development zone.

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