Stormont struggles to offload 97 acres of housing land


The Stormont Executive is struggling to offload 97 acres of housing land in Ballymena.

The Department of Social Development said it is still for sale, one month after a deadline passed for sealed bids.

A spokeswoman said the land at Ballee did attract offers "but not near the right price".

The site was acquired by compulsory purchase in 1970 but never developed.

In 2007 the DSD was offered £50m for the site - but as it valued the site at £75m, no deal materialised.

It is understood a valuation done a year ago said the land is now worth about £9m.

More Northern Ireland stories



Try our new site and tell us what you think. Learn more
Take me there

Copyright © 2015 BBC. The BBC is not responsible for the content of external sites. Read more.

This page is best viewed in an up-to-date web browser with style sheets (CSS) enabled. While you will be able to view the content of this page in your current browser, you will not be able to get the full visual experience. Please consider upgrading your browser software or enabling style sheets (CSS) if you are able to do so.