-> Justin Canty has sold his site along the Victoria Cross Road for an undisclosed sum (in excess of 1.5m euro). The site had F.P.P. for a 5-storey student apartment building with 24 apartments (73 individual rooms), underground car-park, laundry, 3 medical units, security office and other ancillary facilities. The building, designed by O’Shea Leader, boasts extensive roof-top gardens also. A S50 development, the building will most likely head for immediate construction to meet the 2006 deadline – that’s if the un-named buyer avails of the planning permission.
-> Sean Meehan has withdrawn his application for Outline Permission of a 3-storey, multi-level car-park and commercial units development over the River Lee (on stilts!!!) at Grenville Place (adjacent to the Mercy University Hospital). The application faced a horrid ride through planning – co-developer and engineer John Paul Lennon cites that it was better withdrawn than refused. Mr. Lennon is apparently back at the drawing-board for another application later next year.
-> P&A Herlihy have sold their premises, ‘The Loft’ on Cornmarket Street to a private developer. The furniture operation will however remain in place for a time-being.
-> John Mannix’s expectant 40-42 Washington Street retail, office and residential development has issued its second bash of Further Info (requested 16th Nov 2004 and received 23rd Nov 2004). A number of amendments have been again made to the development – including a reduction in apartment numbers, layouts and office space. I agree with the initial alteration of reducing the 7th-storey (which was boxy and unsightly) amended in the first Further Info request, but I’m not quite sure if these new alterations will benefit the development much. A decision date is now set for the 20th December 2004. (4 days after another landmark decision date for O’Callaghan Properties’ Jurys Development on the 16th.) I hope a positive outcome is found for both projects.
2005 Development Outlook
A number of ‘carry-over’ projects are scheduled for 2005 – including the construction of Rockfell’s exciting and long-awaited department store and apartment development on Cornmarket Street, the construction of Frinailla’s Grand Parade Plaza (FINALLY!!!), the will it ever happen Cork School of Music, Cork City Hall’s 32m, 90,000sq ft extension (already under construction), Fleming Construction’s student development at Victoria Cross, UCC’s 150,000sq ft IT Centre at the former Western Road Greyhound Stadium and hopefully O’Callaghan Properties’ Jurys Hotel development and John Mannix’s Washington Street development (see above).
Decisions due will include Frinailla’s Watercourse Road development, the Kino Cinema redevelopment, Howard Holdings’ Hotel and Retail Development for Lavitts Quay (due to be lodged in mid-December), O’Flynn Construction’s Eglinton Street development – plus a number of other projects scheduled to be lodged before the year end.
Projects due to be lodged for 2005 – are expected to include, Howard Holdings’ Albert Quay office building, Werdna Ltd’s amended Water Street development, a new application by the Kenny Group for 50 Grand Parade (South Main Street Car Park), plans for the Capitol Cineplex by Ward Anderson – a number of exciting quayside/docklands proposals – plus whatever plans developers have in store for the city. A major anticipated deal, is expected for the Brooks Haughton site bordered by Copley Street, South Terrace and Union Quay, as well as an announcement for the Careys Tool Hire facility on Terence McSwiney Quay and Albert Road.
2005, Cork’s year as Capital of Culture, should reign in a number of new investment projects – a myriad of demographics are working in favour for Cork over the coming years. Expect 2003, 2004 and 2005 to only mark the tip of the ice-berg for what may be yet to come. A particular focus is expected on the docklands – perhaps some movement on Horgan’s Quay? Only time will reveal that one.
There are a number of other exciting projects in the pipeline but unfortunately, I can’t discuss all of those as of yet, but when I can, you’ll undoubtedly hear about it first.