Eglinton Street Tower, Cork

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  • #780505
    TooMuchFreeTime
    Participant

    Hey just reading your talk on transport and posted a reply on the transport tread if you interested. sorry would have posted it here only i though it would be better suited to the transport tread.:)

    https://archiseek.com/content/showthread.php?t=5046&page=41

    #780506
    sovereign12
    Participant

    Was passing the elysian this morning and noticed a large unit at the back of the building on the albert street side by the traffic lights is being fitted out to be occupied and also I noticed a few appartments in the tower are light up at night and appear to be occupied. Does anybody have any info as to weather people are already moving in? I was under the impression this building was a white elephant.

    #780507
    Saucy Jack
    Participant

    @sovereign12 wrote:

    Was passing the elysian this morning and noticed a large unit at the back of the building on the albert street side by the traffic lights is being fitted out to be occupied and also I noticed a few appartments in the tower are light up at night and appear to be occupied. Does anybody have any info as to weather people are already moving in? I was under the impression this building was a white elephant.

    Some Bank has taken that unit AFAIK. ACC ?

    A couple of apartments have been sold allright but then again The Empire State was launched during the great depression and they had to leave the lights on at night to make it seem more attractive.

    #780508
    Pug
    Participant

    think ACC are taking that unit

    #780509
    opus
    Participant

    I read on another forum that ACC also provided the funding for the building to start with.

    #780510
    Leesider
    Participant

    first residents are supposed to be moving in around March according to Sheery Fitz in the Weekend Examiner!

    #780511
    malec
    Participant

    Aren’t there people already living there? There are about 2 or 3 sets of lights on at the one time.

    #780512
    Leesider
    Participant

    Yeah seen that as well, but as someone said this could just be done to give a good impression!

    Prefer the lighting that they have on it tonight, looks a lot better than the red or blue etc

    #780513
    browser
    Participant

    @opus wrote:

    I read on another forum that ACC also provided the funding for the building to start with.

    Think that is right having researched it.

    #780514
    opus
    Participant

    Noticed the Elysian flats have appeared on Daft to rent:

    1-bed
    3-bed

    #780515
    corkdood
    Participant

    It should be renamed O’Flynns Folly!

    #780516
    who_me
    Participant

    I have to say, some of the shots there (and on The Elysian site) are pretty sweet.

    If it weren’t for the (presumably, crazy) maintenance fees and the fact I just bought a year or so again, I’d definitely be interested.

    #780517
    Leesider
    Participant

    was talking to a polish lad who worked on it and he was saying that the communal garden is wasy too small for 250 apartments so not a suitable place for families. Said they are nicely finished though.

    Also said 40 deposits were put down but only 20 went ahead, the remainder fell through mainly due to problems securing mortgages

    #780518
    Pug
    Participant

    only 190 remaining then, quick, while theres a few left!!

    #780519
    corkblow-in
    Participant

    Bit Harsh lads – they took a shot and they’re taking a hit.

    Actually got into a lot of them through a pal who shall remain nameless and I have to say that some of the apartments and the features are fantastic. First scheme I have been in that would make me consider moving into the city. As for the garden….it isn’t meant to be a football pitch….surely the bigger problem there is the lack of parks in the city. Although that one by Albert Road isn’t too far away.

    Good scheme….bad timing.

    #780520
    Pug
    Participant

    ah sure its only a bit of merriment, I’m sure Michael O’ Flynns millions will comfort his recessional pain. The Elysian is really nice, I saw them myself, still think they are pricey and this business of paying a high price for the apartment, then probably some fit out, then car space costs, probably another car space cost and management fess, just think its stretching it a bit

    They are really nice inside though except the 1 beds I found very small, credit to the man for having the guts and vision

    #780521
    somenewnews
    Participant

    Check out the Elysian build movie on youtube

    http://www.youtube.com/watch?v=oXKdehfccyA

    #780522
    rofbp
    Participant

    i heard a rumour at the weekend from a friend, who had links to the builders of the tower, but i was wondering if there was any truth to it:

    he said that there were only a few apartments occupied, and that building management fees were costing a fortune (security, public area lighting etc), so the building owners were offering to buy out existing apartment owners so they could turn the whole building into a hotel.

    any truth to it?

    #780523
    Leesider
    Participant

    @rofbp wrote:

    i heard a rumour at the weekend from a friend, who had links to the builders of the tower, but i was wondering if there was any truth to it:

    he said that there were only a few apartments occupied, and that building management fees were costing a fortune (security, public area lighting etc), so the building owners were offering to buy out existing apartment owners so they could turn the whole building into a hotel.

    any truth to it?

    wouldn’t be one bit suprised, there were around 20 apartments rented out in there but they were spread all over the place. Sensible thing in my opinion would be to rent out 1 or 2 blocks and then turn the remainder into a hotel.

    #780524
    Pug
    Participant

    it wouldnt surprise me but wouldnt that involve O’ Flynns spending an awful lot of money revamping the insides of the tower? Unless they market it as a luxury aparthotel or something. Would be very unlikely to happen i would have thought. Why not just drop the prices and sell the whole thing off?

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