Reply To: Look at de state of Cork, like!

Horgan’s Quay has had a myriad of plans associated with it over the years – all of which have been squashed due to certain Fine Gael TDs and the slowness of CIE to utilise it’s properties in a profit-maximizing and efficient manner.

However, the latest plans – which are driven be strong private backing and the phenomenal boom in the Cork city property development market – consist of a 5000 seat convention centre, up to 5000 residential units (which will probably be restricted due to the Cork City Development Plan 2004-2009 specificity with relation to Horgan’s Quay as a commercial zone), a new office, IT and associated commercial district backed by Manor Park Homes, Treasury Holdings and CIE (as well as a number of local provate investors). The total investment has been estimated by Cork City Council at a min. of 245million euro. No formal launch has been made as of yet – mostly due to CIE dragging its heels.

*UPDATES:*

O’Flynn Construction have announced the launch of No.6 Lapps Quay (see pic in prev. post) which has begun construction based on the huge demand associated with No.5 Lapps Quay. They are also behind the massive, announced retail and residential developed at former sorting office on Eglinton Street.

Corbett Brothers Development have begun construction on a major commerical and residential development at Copley Street.

Bride View Developments have sought planning for 193-apartments in a series of 5 storey blocks at Rochestown. (shudder!)

Cumnor Construction have applied for permission for a 7-storey apartment building at Sunnyvale on Sunday’s Well overlooking city centre.

Howard Holdings confirmed plans to begin construction on new 15 million euro Business/IT centre at Albert Quay.

Work begins on 60-million euro Cork School of Music on Union Quay in July.

And an unnamed investment group, whom I can’t as of yet reveal, have begun pre-planning for the purchase of the former Irish Distillers site on the North Mall (estimated to sell for 30-million for 14.4acres in city centre – rivalling a proposed bid by UCC) and development of a new low-rise, gated, pedestrian urban community with boardwalks, cafes, restaurants, theatres, helath centres, bars, clubs, duplexs, offices, shopping boulevard and college centres – est’d to be worth over 145 – 225 million euro. Please remember this is only a pre-planning proposal.