How to Build a New City on the Darklands

A new city would need 8.3 billion euros to pay for itself, writes John Defterios. The figure is based on a site value of 134,000 euros per site and 238 units multiplied by 260 hectares. Dublin site values are three or four times that - but it's still a bargain in the Norwegian density we're talking about. "You could build 60,000 units for 100,000 people at half the price," he says.