Re: Re: Developments in Cork
Oâ€™Callaghan close to netting Cork Con deal
By Tommy Barker, Property Editor Irish Examiner
DEVELOPER Owen Oâ€™Callaghan is the closest of rival bidders to acquiring Cork Constitutionâ€™s grounds.
The relocation deal could net the club up to â‚¬30 million and top-notch replacement facilities.
Discussions have advanced considerably between Oâ€™Callaghan Properties and the club in the past week and a deal may be imminent, sources say.
City manager Joe Gavin last month came out very firmly on the clubâ€™s sale plan, saying the sporting lands would not be re-zoned for development and must be kept for sport or amenity purposes.
For any development to have a chance of succeeding at Temple Hill, there would have to be some sort of community/public gain and amenity offering.
Conâ€™s land adjoins a corner site owned by Eircom, and the city council has confirmed plans to transform the five-acre Beaumont Quarry â€” which is just across the road â€” into a public park.
The rugby club, which is one of the most successful in the country, is in need of more space and practice pitches. They approached a number of developers last year with a view to selling their lands at Temple Hill.
The 12 acres are most likely to be developed for residential use if re-zoning can be achieved.
Cork Con was this week close to securing its hoped-for replacement lands at Ballyorban/Moneygourney, for up to seven new pitches and a sports pavilion.
Meanwhile, members of Douglas Golf Club are to vote at an EGM on Wednesday next, March 21, on whether or not they will accept a proposal from Castlelands Construction to sell their existing course for redevelopment, in return for a cash windfall and improved replacement facilities closer to Carrigaline.