tomthevet2003

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  • in reply to: developments in cork #759136
    tomthevet2003
    Participant

    @lexington wrote:

    😀 Staff at 21 Lavitts Quay were working after hours tonight in advance of O’Callaghan Properties highly anticipated Academy Street project. After some delay, the scheme is now headed to Navigation House where it will seek approval from planners – hoping to provide a prominent rejuvenation to an ambitiously assembled site right in the heart of Cork city centre.

    Ambrose Kelly’s Project Architects, in conjunction with Gehl Urban Design Consultants (Denmark), have been working and reworking the landmark scheme which will be divided over 2 blocks ranging in heights of between 4 (including mezzanine) and 9-storeys with a replenished and widened Faulkner’s Lane (now proposed at up to 8 metres in width) running between them – the lane, long (and disappointingly) left uncared for is currently in varying states of dereliction, it will now form a pedestrian friendly open-plan retail street with self-contained 2-storey over basement retail buildings (with residential units overhead). This is but one feature of the broader scheme which will encompass features which include 19 large comparison goods retail units (ranging in sizes of between 8,000sq ft and 25,000sq ft) and 91 new apartments. The gross retail area of the project will equal 17,923sq m with a net retail area of 10,971sq m (excluding mezzanine levels) – the 19 units will be located across the basement, ground floor, first floor and first floor mezzanine levels. The residential units will comprise of 17x 1-bedroom units, 54x 2-bedroom units, 15x 3-bedroom units and 5x duplex units – 2 gyms will also be included in the scheme. Demolition works include the removal of upper floor levels at the Sasha store on St. Patrick’s Street, the demolition of the former Ryan’s Pharmacy on St. Patrick’s Street and the provision of a new entrance at this location. Demolition of the Jean Scene building and a newly reconstructed facade will also be undertaken at Patrick’s Street. Facades at 1-6 Academy Street, 7 Academy Street & 8 Academy Street will be retained along with the AA offices at Emmet Place – further retentions are also included. 96 basement car-parking spaces are to be included for exclusive residential occupant use.

    The €150m scheme utilises extensive glazing, particularly at the Emmet Place elevation, as well as notable copper cladded elements. A feature most notable along the Academy Street/Emmet Place elevations is the stacking of shell-like zinc cascades.

    The bulk of the assembled 0.56 hectare Academy Street site (with total acquisition values estimated at between €85m and €100m) comprises of the soon-to-be former Irish Examiner offices and printing press. The building extends to 1,765sq m at ground floor level, with a further 1,022 sq m overhead at 1st floor level (+ printing press spaces), and was acquired by O’Callaghan Properties (OCP) in 2004 for an estimated €30m. Part of the deal included a site exchange feature which saw Thomas Crosbie Holdings (publishers of the Irish Examiner) acquire a site at O’Callaghan Properties’ Mahon Point scheme – this site was subsequently developed on lease from TCH by WebPrint Concepts as a new printing press facility (which now produces all TCH titles bar the UK-based Irish Post). Following this acquisition, OCP proceeded to purchased the former Johnson & Perrott showrooms at Emmet Place – in another similar land exhange deal, the Grand Circle Lounge (for a value believed to be in and around €1.2m), Taboo alternative bar, 97 St. Patrick’s Street and buildings along St. Patrick’s Street which included Le Chateau bar (first noted on this web forum despite reports to the contrary). The block area had been identified for higher-order retail development by Cork City Council as part of its city centre retail strategy.

    Agents for the scheme include Project Architects & Gehl Urban Design Consultants (Design), Niall Fitzsimons & Co. (Consulting Engineers), Chris Southgate (Conservation Engineer), Bowen Construction (expected Main Contractors) and Hamilton Osbourne King (Commercial and Retail Advisors).

    With this scheme now destined to the throws of planning, attention will undoubtedly focus on the next big retail schemes earmarked for the city centre – including that of investor Joe O’Donovan and his assembled site linking St. Patrick’s Street to Grand Parade – which includes the former Capitol Cineplex, Central Shoe Stores and 50 St. Patrick’s Street.

    More images shortly

    Lex

    Le Chateau bar is NOT sold

    in reply to: developments in cork #759103
    tomthevet2003
    Participant

    Any news on the Academy Street development? I thought planning was to applied for by now.

    in reply to: developments in cork #758821
    tomthevet2003
    Participant

    Has anybody any news on the Academy Street Development – I though planning permission would have been applied for at this stage:rolleyes:

    in reply to: developments in cork #758283
    tomthevet2003
    Participant

    Lex

    I believe that no deal is done with the reidy family reagrding le cheateaux, and it was also reported in yesterdays evening echo that OCP have confirmed this and that le chateaux will remain.

    I still believe that OPC will need part of the property i.e. the back bar which runs behind both sasha and the 2005 office in order to proceed but again dont believe that anything is happening here yet

    in reply to: developments in cork #758215
    tomthevet2003
    Participant

    Newsom’s is the shop in Limerick and that will also close

    in reply to: Look at de state of Cork, like! #733489
    tomthevet2003
    Participant

    – also regarding OCP’s Academy Street development, OCP have apparently struck a deal with the Reidy-family (owners of Le Cheateau bar) whereby the bar will be retained in its current usage as is, but which will allow OCP utilise its valuable layout to able its Academy Street development further. See previous posts.

    There is no deal – and no discussions i have heard

    in reply to: Look at de state of Cork, like! #733387
    tomthevet2003
    Participant

    Lexington

    thanks for the reply – i have just seen the plan on the previous post however my point is that the chateau is very much L shaped and the bar extends behind the chemists which ocp own and behind the sasha shop with another enterance on to the dividing street – surely ocp would have to acquire at least the back part of the bar

    in reply to: Look at de state of Cork, like! #733385
    tomthevet2003
    Participant

    Any news on OCP plans for acedemy st. I belive that the owners of the chateaux have not even been approached by OCP
    Although the development should not effect the front and thoose famous steps the back of that pub runs behind both the pharmacy and sasha shop next door. Can’t see how development could go without OCP accuring at least the back part of that property.
    :confused:

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