Latest news with #BrianMurray
Irish Times
3 days ago
- Business
- Irish Times
Supreme Court ruling on compensation for lands devalued due to electricity power lines could affect thousands of landowners
A Supreme Court decision that compensation can be awarded for depreciation of the value of lands due to having electricity power lines installed across them could potentially affect thousands of landowners. The five-judge court on Thursday rejected arguments by the ESB that a property arbitrator was not entitled to include compensation for land depreciation – referred to in the relevant 19th century law as 'injurious affection' – in an award of €39,500 statutory compensation to a couple over power lines installed across their farm. Arbitrator Peter Good, since deceased, had made the award to Peter and Rose O'Reilly concerning lands owned by them at Crubany, Co Cavan . Compensation for 'injurious affection' formed a substantial part of the award; its inclusion was successfully appealed by the ESB to the High Court. The couple appealed the High Court decision to the Court of Appeal , which decided the matter raised issues of public importance requiring determination by the Supreme Court. READ MORE On Friday, Mr Justice Brian Murray, giving the court's main judgment, upheld arguments by Peter Bland SC, with barrister Michael O'Donnell, instructed by solicitor Gabriel Toolan, that the entitlement to compensation includes that for 'injurious affection'. The case arose after the couple entered landowner agreements with the ESB in 2011. In return for unobstructed access to their lands to construct electric lines, they were entitled to compensation under the Electricity Supply Act 1927. The main issue in the Supreme Court appeal concerned the extent of the right to compensation. Mr Good decided that as well as compensation for the loss of value of house sites on the land holding across which the lines travel, they were entitled to compensation for injurious affection, or general loss of value of their entire holding. Among his findings, Mr Justice Murray said none of the legal authorities demand a 'perfect equation' between the compensation mandated by the Constitution for interference with property interests, and the compensation enabled either by developments of the common law or by early Victorian legislation governing the compulsory acquisition of property. The ESB was correct in saying the exercise of powers conferred by section 53 of the 1927 Act did not give rise to the transfer or creation of interests 'in land', he said. There was therefore no basis on which it could be said the 'injurious affection' provisions of the 1845 Land Clauses Consolidation Act were automatically incorporated into the procedure for deciding compensation under the 1927 Act. [ Losing SEAI retrofit services bidder challenges refusal to disclose pricing structure of winning bid Opens in new window ] No significance could be attached to the fact the 1927 Act did not expressly include or exclude those provisions, he said. He said the High Court had erred if it found the Acquisition of Land (Assessment of Compensation) Act 1919 operated in any way to preclude a claimant seeking compensation for injurious affection or depreciation of the value of their holding caused by the presence of the electric lines, poles and pylons, he said. In other findings, he held Mr Good erred when he fixed compensation for anticipated exercise of the power of re-entry on to the lands. He upheld the High Court decision there was no breach by Mr Good, in his handling of the matter, of the ESB's right to fair procedures. The precise amount of compensation was referred for decision, in line with the court's findings, by a new arbitrator. In a separate concurring judgment, Mr Justice Séamus Woulfe agreed with his colleague on all issues other than the constitutional issue and said he was reserving his position on that to an appropriate case.
Calgary Herald
20-05-2025
- Business
- Calgary Herald
High density nodes get pushback at Edmonton public hearing
Edmonton city council hosted a public hearing Tuesday on a proposed rezoning bylaw that would affect parts of Wîhkwêntôwin, University-Garneau, Stony Plain Road, 124 Street and 156 Street. Article content Article content What does the bylaw do? Article content Bylaw 21128 is a city-led initiative that proposes applying standard residential and mixed-use zones in select priority growth areas. The goal is to support medium- and large-scale housing and mixed-use development in transit-connected areas and streamline redevelopment in alignment with the City Plan and district plans to support a population of two million. Article content Article content The approach removes the need for individual rezoning applications, aiming to cut red tape for builders and homeowners. Article content Article content Why these areas? Article content According to the administration, a technical review helped select the priority growth areas based on land use patterns, redevelopment potential and transit access. Several corridors are slated to be served by the Valley Line West LRT and bus rapid transit routes B1 and B2, making them ideal candidates for higher-density, mixed-use development. Article content In the University-Garneau major node, for example, the rezoning would allow buildings up to 75 metres in key locations, like 109 Street and 82 Avenue. Other areas, such as between 109 Street and 110 Street, have been scaled down to 23 metres in response to concerns from nearby small-scale residential areas. Article content A divided community Article content Public feedback has been mixed. While many speakers voiced strong support for the initiative, citing the need for more housing and more efficient development processes, others raised concerns over the impact on existing communities, transparency and the city's engagement process. Article content Article content Brian Murray, a partner at B&A Studios, voiced his 'strong support' for the rezoning proposal which he described as a 'real, tangible step toward delivering more housing, greater affordability, and more sustainable growth.' He argued the bylaw would reduce red tape, ensure faster delivery of new housing in the city, and create certainty for redevelopment, especially in well-connected areas like Garneau. Article content Article content 'It will allow for a broader mix of housing types that reflect the diverse needs of Edmontonians,' he said. Article content Ryan Jakes, a 24-year-old lifelong Edmontonian, also backed the plan, calling it an 'important step in the right direction' that balances long-term goals with neighbourhood context to provide a more affordable, livable Edmonton. He also applauded the city's youth engagement efforts.
Globe and Mail
16-05-2025
- Business
- Globe and Mail
Toll Brothers Announces New Luxury Home Community Coming Soon to Magnolia, Texas
MAGNOLIA, Texas, May 16, 2025 (GLOBE NEWSWIRE) -- Toll Brothers, Inc. (NYSE:TOL), the nation's leading builder of luxury homes, announced its newest Houston-area community, Toll Brothers at Wildtree, is coming soon to Magnolia, Texas. This highly anticipated community will feature modern one- and two-story home designs on expansive 60-foot-wide home sites. Construction is underway, and sales are expected to begin in late 2025. Toll Brothers at Wildtree will offer an elevated collection of versatile floor plans up to 3,600+ square feet. The homes will feature contemporary architecture with unique details such as cathedral ceilings and spiral staircases, as well as unrivaled options for personalization. Residents will be just steps away from the future amenity center within the Wildtree master plan including a clubhouse, a resort-style pool, ample greenspace with scenic walking and biking trails, and much more. The new Toll Brothers homes are expected to be priced starting in the mid-$500,000s. 'Our new Toll Brothers at Wildtree community will offer residents the rare opportunity to build a new home within the well-established and highly desirable Magnolia area,' said Brian Murray, Division President of Toll Brothers in Houston. 'With large, open floor plans and unrivaled personalization options through the Toll Brothers Design Studio experience, this resort-style community will set a new standard for luxury living in Magnolia.' Residents will enjoy convenient access to Texas State Highway 249 and the Grand Parkway, making travel to and from the community effortless. The community is served by the highly rated Magnolia Independent School District, including Magnolia Parkway Elementary, Magnolia Junior High School, and Magnolia West High School. Toll Brothers customers will experience one-stop shopping at the Toll Brothers Design Studio. The state-of-the-art Design Studio allows customers to choose from a wide array of selections to personalize their dream home with the assistance of Toll Brothers professional Design Consultants. Additional Toll Brothers new home communities in this area include Toll Brothers at NorthGrove, Toll Brothers at Woodson's Reserve, and Toll Brothers at Woodhavyn. Toll Brothers at Wildtree will be located at 4919 Pinestraw Valley Way in Magnolia. For more information, call (833) 289-8655 or visit About Toll Brothers Toll Brothers, Inc., a Fortune 500 Company, is the nation's leading builder of luxury homes. The Company was founded 58 years ago in 1967 and became a public company in 1986. Its common stock is listed on the New York Stock Exchange under the symbol 'TOL.' The Company serves first-time, move-up, empty-nester, active-adult, and second-home buyers, as well as urban and suburban renters. Toll Brothers builds in over 60 markets in 24 states: Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Idaho, Indiana, Maryland, Massachusetts, Michigan, Nevada, New Jersey, New York, North Carolina, Oregon, Pennsylvania, South Carolina, Tennessee, Texas, Utah, Virginia, and Washington, as well as in the District of Columbia. The Company operates its own architectural, engineering, mortgage, title, land development, smart home technology, and landscape subsidiaries. The Company also develops master-planned and golf course communities as well as operates its own lumber distribution, house component assembly, and manufacturing operations. Toll Brothers has been one of Fortune magazine's World's Most Admired Companies™ for 10+ years in a row, and in 2024 the Company's Chairman and CEO Douglas C. Yearley, Jr. was named one of 25 Top CEOs by Barron's magazine. Toll Brothers has also been named Builder of the Year by Builder magazine and is the first two-time recipient of Builder of the Year from Professional Builder magazine. For more information visit From Fortune, ©2025 Fortune Media IP Limited. All rights reserved. Used under license.
Yahoo
16-05-2025
- Business
- Yahoo
Toll Brothers Announces New Luxury Home Community Coming Soon to Magnolia, Texas
MAGNOLIA, Texas, May 16, 2025 (GLOBE NEWSWIRE) -- Toll Brothers, Inc. (NYSE:TOL), the nation's leading builder of luxury homes, announced its newest Houston-area community, Toll Brothers at Wildtree, is coming soon to Magnolia, Texas. This highly anticipated community will feature modern one- and two-story home designs on expansive 60-foot-wide home sites. Construction is underway, and sales are expected to begin in late 2025. Toll Brothers at Wildtree will offer an elevated collection of versatile floor plans up to 3,600+ square feet. The homes will feature contemporary architecture with unique details such as cathedral ceilings and spiral staircases, as well as unrivaled options for personalization. Residents will be just steps away from the future amenity center within the Wildtree master plan including a clubhouse, a resort-style pool, ample greenspace with scenic walking and biking trails, and much more. The new Toll Brothers homes are expected to be priced starting in the mid-$500,000s.'Our new Toll Brothers at Wildtree community will offer residents the rare opportunity to build a new home within the well-established and highly desirable Magnolia area,' said Brian Murray, Division President of Toll Brothers in Houston. 'With large, open floor plans and unrivaled personalization options through the Toll Brothers Design Studio experience, this resort-style community will set a new standard for luxury living in Magnolia.' Residents will enjoy convenient access to Texas State Highway 249 and the Grand Parkway, making travel to and from the community effortless. The community is served by the highly rated Magnolia Independent School District, including Magnolia Parkway Elementary, Magnolia Junior High School, and Magnolia West High School. Toll Brothers customers will experience one-stop shopping at the Toll Brothers Design Studio. The state-of-the-art Design Studio allows customers to choose from a wide array of selections to personalize their dream home with the assistance of Toll Brothers professional Design Consultants. Additional Toll Brothers new home communities in this area include Toll Brothers at NorthGrove, Toll Brothers at Woodson's Reserve, and Toll Brothers at Woodhavyn. Toll Brothers at Wildtree will be located at 4919 Pinestraw Valley Way in Magnolia. For more information, call (833) 289-8655 or visit Toll Brothers Toll Brothers, Inc., a Fortune 500 Company, is the nation's leading builder of luxury homes. The Company was founded 58 years ago in 1967 and became a public company in 1986. Its common stock is listed on the New York Stock Exchange under the symbol 'TOL.' The Company serves first-time, move-up, empty-nester, active-adult, and second-home buyers, as well as urban and suburban renters. Toll Brothers builds in over 60 markets in 24 states: Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Idaho, Indiana, Maryland, Massachusetts, Michigan, Nevada, New Jersey, New York, North Carolina, Oregon, Pennsylvania, South Carolina, Tennessee, Texas, Utah, Virginia, and Washington, as well as in the District of Columbia. The Company operates its own architectural, engineering, mortgage, title, land development, smart home technology, and landscape subsidiaries. The Company also develops master-planned and golf course communities as well as operates its own lumber distribution, house component assembly, and manufacturing operations. Toll Brothers has been one of Fortune magazine's World's Most Admired Companies™ for 10+ years in a row, and in 2024 the Company's Chairman and CEO Douglas C. Yearley, Jr. was named one of 25 Top CEOs by Barron's magazine. Toll Brothers has also been named Builder of the Year by Builder magazine and is the first two-time recipient of Builder of the Year from Professional Builder magazine. For more information visit From Fortune, ©2025 Fortune Media IP Limited. All rights reserved. Used under license. Contact: Andrea Meck | Toll Brothers, Senior Director, Public Relations & Social Media | 215-938-8169 | ameck@ Photos accompanying this announcement are available at Sent by Toll Brothers via Regional Globe Newswire (TOLL-REG)Sign in to access your portfolio
Globe and Mail
15-04-2025
- Business
- Globe and Mail
Toll Brothers Unveils New Regency 55+ Active-Adult Home Designs within Chambers Creek Master-Planned Community in Willis, Texas
WILLIS, Texas, April 15, 2025 (GLOBE NEWSWIRE) -- Toll Brothers, Inc. (NYSE:TOL), the nation's leading builder of luxury homes, has unveiled the new home designs that will be offered in its first Regency 55+ active-adult offering in the Houston area. The Toll Brothers Regency home designs will be available in the amenity-rich Chambers Creek by Caldwell Communities master plan located just north of Houston. The Toll Brothers interest list is currently forming and sales are expected to begin later this spring. Toll Brothers Regency active-adult homes and communities across the country are designed with the active lifestyles of their residents in mind, offering thoughtfully crafted homes tailored to residents aged 55 and older and access to resort-style amenities and social events that foster community engagement. The Toll Brothers Regency homes offered in Chambers Creek feature the perfect mix of luxury and lifestyle with stunning new single-family home designs and endless opportunities to enjoy life in the beautiful rolling hills just north of Houston. These sophisticated Toll Brothers homes will showcase convenient single-level living and modern open floor plans ideal for entertaining. The Blossom Collection and Riverside Collection will offer open concept home designs on 45- and 70-foot-wide home sites, respectively, with 2 to 3 bedrooms, up to 3.5 bathrooms, and private 2- and 3-car garages. Homes are priced from the upper $300,000s. Toll Brothers customers will experience one-stop shopping at the Toll Brothers Design Studio. The state-of-the-art Design Studio allows customers to choose from a wide array of selections to personalize their dream home with the assistance of Toll Brothers professional Design Consultants. 'We are excited to debut these versatile Regency home designs exclusively for 55+ home shoppers in Chambers Creek,' said Brian Murray, Division President of Toll Brothers in Houston. 'These homes represent the first Toll Brothers Regency offering in the Houston area. With the upcoming opening of our Blossom and Riverside Collections in Chambers Creek, our Toll Brothers active-adult customers will soon have the opportunity to enjoy an unparalleled lifestyle in a beautiful, amenity-rich community.' The Chambers Creek master plan's unique selection of resort-style amenities includes a resort-style pool, private boat launch with reserved boat slips, vineyard, community garden, nine-hole Tom Lehman golf course, 18-hole putting course, and extensive parks and nature trails. In addition to the variety of amenities at Chambers Creek, the community boasts an exclusive gated setting including controlled access with an attendant, a full-time Lifestyle Director, and convenient access to entertainment, live music, fine dining, and shopping in nearby Conroe and The Woodlands. For more information on Regency home designs offered in Chambers Creek, prospective home shoppers are invited to call 833-289-8655 or visit About Toll Brothers Toll Brothers, Inc., a Fortune 500 Company, is the nation's leading builder of luxury homes. The Company was founded 58 years ago in 1967 and became a public company in 1986. Its common stock is listed on the New York Stock Exchange under the symbol 'TOL.' The Company serves first-time, move-up, empty-nester, active-adult, and second-home buyers, as well as urban and suburban renters. Toll Brothers builds in over 60 markets in 24 states: Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Idaho, Indiana, Maryland, Massachusetts, Michigan, Nevada, New Jersey, New York, North Carolina, Oregon, Pennsylvania, South Carolina, Tennessee, Texas, Utah, Virginia, and Washington, as well as in the District of Columbia. The Company operates its own architectural, engineering, mortgage, title, land development, smart home technology, and landscape subsidiaries. The Company also develops master-planned and golf course communities as well as operates its own lumber distribution, house component assembly, and manufacturing operations. Toll Brothers has been one of Fortune magazine's World's Most Admired Companies™ for 10+ years in a row, and in 2024 the Company's Chairman and CEO Douglas C. Yearley, Jr. was named one of 25 Top CEOs by Barron's magazine. Toll Brothers has also been named Builder of the Year by Builder magazine and is the first two-time recipient of Builder of the Year from Professional Builder magazine. For more information visit From Fortune, ©2025 Fortune Media IP Limited. All rights reserved. Used under license.
