Correct, the land is owned by the Harbour Commisonaires. Development on the site is limited to 'airport related activity' and residential and direct retail development is prohibited. The Harbour Commissionaires have released the ground at the Titanic Quarter for one of the most ambitious development projects ever undertaken in Ireland, with development work planned over a timescale of 25 years. They will never allow the airport site to be used for housing or any other such development as this would be dilutionary on the on Titanic Quarter which is going to be a big enough struggle to complete, it is an absolutley huge project. The City Airport is going to be there for some time, lets hope that they can get some other reliable and 'recommendable' airlines to operate viable and sustainable routes, and that the existing airlines do something proactive to prevent their load factors being further eroded, not only by competition, but by their own inadequate standards and over pricing.