Latest news with #HRI
The Journal
20 hours ago
- Business
- The Journal
Land at Leopardstown Racecourse to be developed for 800 homes after transfer to LDA
AN AGREEMENT HAS been reached to transfer the ownership of land at Leopardstown Racecourse from Horse Racing Ireland to the Land Development Agency, which both bodies said could be the site of 800 new homes. The Land Development Agency (LDA) will take control of roughly 17 acres from Horse Racing Ireland (HRI), while design and planning for the new housing development will begin immediately, the two state bodies said in a joint statement today. 'Subject to planning, the LDA land will be used to deliver new, A-rated homes, which will be located next to the existing, but currently unused Leopardstown Luas stop,' the statement said. Leopardstown Racecourse has a Luas stop on the Green Line but it has been inactive since it opened in 2010 due to a lack of infrastructure. The LDA and HRI said they would work collaboratively and in consultation with Dún Laoghaire-Rathdown County Council on a new 'masterplan' for Leopardstown, which they said will deliver 'much-needed affordable housing and protect and further develop the leading racecourse and its extensive racing and non-racing facilities'. Advertisement The land was first identified as having the potential for housing in the Housing for All plan, which was first published in 2021. Taoiseach, Micheál Martin said he was 'delighted' by the agreement. 'Solving the housing challenge requires collaboration across our society, from government to a range of private and public bodies,' Martin said, adding that he was looking forward to seeing similar developments in the future. Housing Minister James Browne said the LDA 'has the resources it needs to deliver housing at scale and has proven that it can do so quickly to a very high standard'. 'The LDA already has a strong pipeline of development land, but it's crucial that it is able to access more, especially State-owned land like this with the potential to deliver a high number of homes in a well located and well-serviced area.' Browne also encouraged other bodies to follow HRI's lead by reviewing their land holdings and discussing possible transfers with the LDA 'as a matter of urgency.' Readers like you are keeping these stories free for everyone... A mix of advertising and supporting contributions helps keep paywalls away from valuable information like this article. Over 5,000 readers like you have already stepped up and support us with a monthly payment or a once-off donation. Learn More Support The Journal
RTÉ News
a day ago
- Business
- RTÉ News
HRI and LDA to develop Leopardstown campus, 800 new homes
The Land Development Agency (LDA) and Horse Racing Ireland (HRI) have reached an agreement on the transfer of land with the potential to deliver 800 homes at Leopardstown Racecourse in south Dublin Both parties have reached an agreement that will see HRI transfer ownership of c.17 acres of land to the LDA. The new development will be served by the activation of a new Luas station located on the site. The two state bodies will work collaboratively and in consultation with Dún Laoghaire-Rathdown County Council on a new masterplan for Leopardstown, which will deliver much-needed affordable housing and protect and further develop the leading racecourse and its extensive racing and non-racing facilities. The land transfer follows positive engagement between the LDA and HRI to ensure the best outcome for both parties. Design and planning work on the site-wide masterplan and proposed housing development will commence immediately. Subject to planning, the LDA land will be used to deliver new, A-rated homes, which will be located next to the existing, but currently unused Leopardstown Luas stop. The area surrounding Leopardstown Racecourse is well located next to the M50 and the Green Luas line. It also benefits from a range of services and amenities. Land at HRI's campus in Leopardstown was first identified as having the potential for housing in the Government's Housing for All plan. Minister for Housing, Local Government and Heritage, James Browne TD commended the LDA and HRI for reaching the agreement. "The LDA has the resources it needs to deliver housing at scale and has proven that it can do so quickly to a very high standard. The LDA already has a strong pipeline of development land, but it's crucial that it is able to access more, especially State-owned land like this with the potential to deliver a high number of homes in a well located and well-serviced area," said Minister Brown. "This decision by HRI will have a lasting impact and it can be proud of the significant contribution it has made to help address the country's urgent housing need." The site that can accomodate 800 new homes pending planning approve is described by LDI CEO John Coleman as a development in an area of great housing need in Dublin. "This transfer of State-owned land to the LDA is a leading example of what can be achieved when state bodies are open to making the best use of land they own and work with the LDA to facilitate the delivery of much-need affordable homes while safeguarding their own existing and future needs," said Mr Coleman "The LDA is now under construction on 16 sites for over 5,000 homes across the country and we will be adding further new construction starts in the coming months," he said. Suzanne Eade, CEO of Horse Racing Ireland said: "For an industry that contributes in excess of €2.46bn to the Irish economy annually, the agreement safeguards our plans to further develop the Leopardstown Racecourse campus and to improve what is already a proven world-class horse racing facility, while fostering a sustainable mixed-use neighbourhood benefiting the greater Dublin area.
Yahoo
3 days ago
- Business
- Yahoo
Herc completes acquisition of H&E Equipment Services
Herc Holdings (HRI) announced that it has completed its acquisition of H&E Equipment Services d/b/a H&E Rentals. Under the terms of the merger agreement, Herc Rentals acquired all of the issued and outstanding shares of H&E's common stock for, on a per share basis, $78.75 in cash and 0.1287 shares of Herc Rentals common stock. With the completion of the transaction, shares of H&E common stock have ceased trading and will no longer be listed on the NASDAQ. Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>> See Insiders' Hot Stocks on TipRanks >> Read More on HRI: Disclaimer & DisclosureReport an Issue Herc Holdings, H&E Equipment announce expiration of tender offer Herc Holdings extends tender offer to acquire H&E Equipment Herc Holdings Grants Retention Awards to COO Herc Holdings Announces Private Offering for Acquisition Herc announces expiration of HSR Act waiting period for H&E Equipment deal Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Time of India
24-05-2025
- Climate
- Time of India
Kol, 5 Bengal dists at ‘high risk' for extreme heat: Study
1 2 Kolkata: Kolkata is among six Bengal districts flagged as "high-risk" for extreme heat in a nationwide heat risk assessment by the Council on Energy, Environment and Water (CEEW). The report titled 'How Extreme Heat Is Impacting India: Assessing District-level Heat Risk' presents the first composite Heat Risk Index (HRI) for all 734 districts in India. Significantly, the six Bengal districts do not have a heat action plan to help citizens adapt to the problem. While Bengal is 15th among states on the HRI, indicating a moderate overall risk, Kolkata, North 24 Parganas, South 24 Parganas, Purulia, East Midnapore and Bankura feature among the 417 districts in India under the high and very high risk category. Unlike in the past, heat stress is not fading in the city with sunset, says the report. Very warm nights and rising humidity are reducing the body's ability to recover from daytime heat, posing serious health risks, especially for the elderly, children, outdoor workers, and people with chronic illnesses. "Heat stress is no longer a future threat — it's a present reality," said Arunabha Ghosh, CEO of CEEW. "We are entering an era of intense, prolonged heat and dangerously warm nights. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Trade Bitcoin & Ethereum – No Wallet Needed! IC Markets Start Now Undo It's time to overhaul our heat action strategies with district-specific solutions," he added. As many as 12 Bengal districts came under the moderate risk category on the list, while northern districts like Darjeeling, Kalimpong and Jalpaiguri have been considered low-risk. Cooch Behar and Alipurduar are the only districts in the very low-risk category. The study arrives at a time when 57% of India's districts — home to over 76% of the population — are at risk due to extreme heat. Many cities across India, including Delhi, Mumbai, and Hyderabad, are experiencing increased vulnerability due to urban heat islands and dense populations. To build a momentum for nationwide heat resilience, CEEW launched the report and deliberated on practical strategies for heat action planning, disaster risk reduction, and financing for sustainable cooling. "The urban heat island and shrinking green space have been exacerbating the problem," said Vishwas Chitale, who leads the climate resilience team at CEEW. The report underscores the importance of moving beyond daytime heat metrics. It calls for an urgent update of heat action plans to include measures for night-time heat and rising humidity, especially as the State Disaster Mitigation Fund now recognises heatwaves as a disaster eligible for relief funding. CEEW is also showcasing affordable and scalable heat adaptation strategies such as cool roofs, net-zero cooling shelters, emergency heat stroke rooms and parametric heat insurance. Get the latest lifestyle updates on Times of India, along with Brother's Day wishes , messages and quotes !
Time of India
24-05-2025
- Climate
- Time of India
Kolkata, 5 more Bengal districts at 'high risk' for extreme heat, says study
KOLKATA: Kolkata is among six Bengal districts flagged as "high-risk" for extreme heat in a nationwide heat risk assessment by the Council on Energy, Environment and Water (CEEW). The report titled 'How Extreme Heat Is Impacting India: Assessing District-level Heat Risk' presents the first composite Heat Risk Index (HRI) for all 734 districts in India. Significantly, the six Bengal districts do not have a heat action plan to help citizens adapt to the problem. While Bengal is 15th among states on the HRI, indicating a moderate overall risk, Kolkata, North 24 Parganas, South 24 Parganas, Purulia, East Midnapore and Bankura feature among the 417 districts in India under high and very high risk category. Unlike in the past, heat stress is not fading in the city with sunset, says the report. Very warm nights and rising humidity are reducing the body's ability to recover from daytime heat, posing serious health risks, especially for the elderly, children, outdoor workers, and people with chronic illnesses. "Heat stress is no longer a future threat - it's a present reality," said Arunabha Ghosh, CEO of CEEW. "We are entering an era of intense, prolonged heat and dangerously warm nights. It's time to overhaul our heat action strategies with district-specific solutions," he added. Get the latest lifestyle updates on Times of India, along with Brother's Day wishes , messages and quotes !
