Re: Re: Developments in Cork
The principal problem is the initial risk.
An apartment in the docklands might be very attractive, but would you want to buy (even a luxury) apartment on Centre Park Rd. as it currently stands? Driving through an industrial area to and from work. Heavy trucks rolling by day in, day out (I assume). No shops or any kind of residential facilities nearby. I’ve no idea what the air quality is like but I can’t imagine it’s the best.
If potential residents are thinking that, you can bet the developer who’s sitting on a site in the Docklands is going to keep sitting on it until they can maximise the return on their investment.