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Ballina man to build €1bn ‘green city’ in Colombia

Western People

Ballina man Richard Barrett is set to take on his biggest project yet, building a €1billion ‘green city’ in South America. The property empire of Treasury Holdings, the largest developer in Ireland, co-owned by Richard Barrett and John Ronan, looks set to transform the Colombian capital of Bogota after it was reported that city planners made an approach to build a green city there. The offer comes on foot of Colombia’s increasing environmental problems as a result of the growing population which is soaring by 140,000 annually causing the carbon footprint to escalate.

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