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I read on boards.ie today that a €750m scheme for the docklands was granted planning permission but not sure where it was announced, anyone know? Not that I’d expect to see any progress on this for many years mind you.
@jungle wrote:
When is the new bridge down by the Lee Fields opening? It appears to be complete.
It’s open but not sure when it happened.
@davea wrote:
Does anyone know if this bridge was built as part of the IT building? And does anyone have any pictures?
Indeed it was, not open yet but guess will be before UCC reopens in Sept.
Story is in the Irish Times today, hopefully it will go ahead. Bit of a problem with their domain at the moment though –
This account has been suspended.
Either the domain has been overused, or the reseller ran out of resources.The prices were announced in Saturday’s Examiner according to the Property Pin website, range is from €375k for a one-bed to €2m for a large penthouse.
Examiner story is here.
I got a very glossy letter from Sherry Fitz today saying that the official launch would be on the 17th of September. Think like lots of people I’ll go along for a look but can’t really imagine buying something there. Whatever about the cost of the flats, I’d guess the annual fees will be scary with that big garden to maintain.
Interesting thread about the Elysian here….
That court case between OFC & Howard Holdings has started according to the Indo, story is here.
@corkdood wrote:
The countdown clock on the Elysian web site has been reset. (it was due to launch in about ten days) As of today it says 39 days to go. Must have hit a snag or two……….
Count down clock has disappeared now! Maybe the news about the 5% fall in prices in Cork in the first three months of the year from the daft.ie report frightened them a bit 🙂
I was looking at the website for the Elysian this evening & it’s got some kind of count down timer running on there. Not sure what it means though as it currently says “1 month 37 days 14 hours!”
Got sent a survey by the estate agents today about the development, guess the falling property prices are starting to worry them so they are trying to gauge market interest. These were the price ranges they were suggesting although I’m not sure why anyone would pick anything but the lowest one! Perhaps they hope there are some stupid people out there 🙂
Full survey is http://www.surveymonkey.com/s.aspx?sm=H3_2bv4oln7aBoIo8GtgyJhA_3d_3d%5Dhere if anyone is interested.
Took a picture of the tower part today, hard to know close to completion it is. The other parts of the block are still only being built.
The website hasn’t been updated since last Nov as far as I can see & even then it was just some spin about interior designers.
From today’s Sunday Business post, full story is here. Flynns must be ruing the day they didn’t try to sell the apartments off the plans when they announced it given the prediction is for a further 10% fall in values next year.
Court battle over country’s tallest building in Cork city
16 December 2007 By Ian Kehoe and Neil CallananTwo of the biggest property development companies in the country are embroiled in a multimillion euro High Court battle over the planned tallest building in Ireland.
Cork-based O’Flynn Construction is suing Howard Holdings in a dispute over access to Elysian, a 17-storey tower block being built in Cork’s docklands.
O’Flynn Construction is the developer behind the €150 million tower, which – at 71metres high – will be Ireland’s highest building. The Cork company claims that it agreed with Howard Holdings to buy an adjacent site, which is crucial for access to Elysian. However, a dispute has broken out over the sale.
O’Flynn Construction, headed by Michael O’ Flynn, now wants the High Court to force Howard Holdings to sell the site. The matter is due to return to court in January. Greg Coughlin, the chief executive of Howard Holdings, has filed an affidavit.
@corkdood wrote:
From what I’ve read the apartment prices at the Elysian won’t be any cheaper than that Angry Rebel.
i truly believe that by the end of the year/early 2008 buy to let investors will be trying to offload their investments on the market left right and centre. So yes in my view there could be thousands of apartments on the market.by the time Eglinton street goes for sale.I checked with the estate agents and seems the pricing won’t be available ’til next Spring.
Noticed on irishpropertywatch.com that prices in a new development in Glounthaune had been cut from €925k to €760k for new 4-bed hourses so think it will be a very different market by then especially with a few more interest hikes to come.
The new School of Music looks like it’s well on the way to competition.
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