GeoDirectory records 50 percent decrease in new buildings in Longford

A total of 93 new residential and commercial buildings were recorded in Longford for the first six months of 2012, according to new figures released by GeoDirectory.  The figures represent a year-on-year decrease of 50 percent compared to the same period in 2011 when 185 new buildings were added in the county. 

A total of 93 new residential and commercial buildings were recorded in Longford for the first six months of 2012, according to new figures released by GeoDirectory.  The figures represent a year-on-year decrease of 50 percent compared to the same period in 2011 when 185 new buildings were added in the county. 

GeoDirectory was jointly established by An Post and Ordnance Survey Ireland (OSi) to create and manage Ireland’s only complete database of commercial and residential buildings.  The figures area recorded through a combination of the An Post network of 5,600 delivery staff working with OSi. 

Across the country, GeoDirectory recorded 5,620 new buildings, consisting of 4,837 residential buildings; 590 commercial buildings and 193 dual-purpose buildings with both residential and commercial components.  The new additions for the first six months of 2012 bring the total number of new buildings in the Republic of Ireland to 1,889,143. 

New data shows that 658 or 12% percent of this new commercial and residential stock are vacant and that  Leitrim has the largest vacancy rates for new building additions at 20 percent.  The 93 new buildings identified in Longford were composed of 80 residential buildings, 10 commercial buildings and three were dual-purpose buildings with both residential and commercial elements.  These new additions bring the total number of buildings in Longford to 19,639.  The decrease in new building additions in Longford in the first half of 2012 of 50% is a larger decrease than the 23% fall recorded nationally.