Cork Developments

[Jukka]

There seems to be movement on the residential block in Horgans Quay - a piling machine in operation at least That'd be the first major private apartment development town since the crash.

 

[Stacky]

There seems to be movement on the residential block in Horgans Quay - a piling machine in operation at least That'd be the first major private apartment development town since the crash.

I saw that alright during the week and with all the pharma and tech companies looking for good quality accommodation for their staff you would fill it in a heartbeat and with all the new Govt incentives etc.

Might be just ground testing for structural design as the same machine was over at the Event Centre site a few months ago drilling test holes.

Who knows?

 

[outdagap]

UCC have been given the go ahead for the Brooks Haughton site :

Plans approved for new €106m building in Cork city centre

Plans have been in the pipeline for years, with the State committing €25m towards the costs in 2019.

www.echolive.ie

Any idea of when it will be ready to open ? My young fella will hopefully be doing one of the Finance degrees in a couple of years or so.

 

[Stacky]

THU, 27 APR, 2023 - 07:00

Business school will add ‘vibrancy’ to city​

Planners in Cork City Council recently approved an application lodged by UCC in December seeking permission for the €106m business school at the former Brooks Haughton site on a block facing South Terrace, Copley Street and Union Quay.

A NEW multi-million euro Cork University Business School (CUBS) which has been granted conditional planning permission will bring "great vibrancy and activity" to a brownfield site at a strategic location in the city centre, the CEO of Cork Chamber has said. Credit: G-Net 3D

AMY NOLAN
A NEW multi-million euro Cork University Business School (CUBS) which has been granted conditional planning permission will bring “great vibrancy and activity” to a brownfield site at a strategic location in the city centre, the CEO of Cork Chamber has said.
Planners in Cork City Council recently approved an application lodged by UCC in December seeking permission for the €106m business school at the former Brooks Haughton site on a block facing South Terrace, Copley Street and Union Quay.
The development will primarily consist of the demolition of the former Brooks Haughton buildings, structures and boundary walls and the construction of the new CUBS building, ranging in height from three to six storeys.
The development description stated that the new building would include lecture theatres, academic offices, study and teaching areas, a restaurant and coffee dock, service rooms and bike storage.

The application also sought permission for the renovation of 18 and 19 South Terrace for a cafe and study space and also included proposals for landscaping works, works to the public realm and the provision of a new pedestrian laneway from Copley St to South Terrace.
Speaking to The Echo following the grant of conditional planning, the CEO of Cork Chamber, Conor Healy, welcomed the development.
“The plans for the university business school in the centre of the city are really important both in terms of meeting the needs of the growth and development of the business school but also it will be a very welcome addition to the city centre and will bring great vibrancy and activity to that part of the city once completed,” he said.
These sentiments were echoed by Independent councillor, Mick Finn.
“Development of such a large site as Brooks Haughton is welcome and the new UCC business school will bring a new lease of life to the area,” he said.
“It’s all the more important that the flood and public realm works at Morrison’s Island are carried out to a high visual and functional standard as there will be increased demand for outdoor spaces.”
There are 60 conditions attached to Cork City Council’s approval of the development.

One condition stipulates that, prior to any development, UCC must submit for approval by the planning authority, proposals incorporating further measures to enhance biodiversity into the development, additional to the proposal to install four bat boxes.
Plans for the new business school have been in the pipeline for years, with the State committing €25m towards the costs in 2019.
CUBS was established in 2014. It does not currently have a dedicated building; instead staff and students are dispersed across UCC’s campus and a number of its research centres are located in the city centre.
In the planning statement submitted with the application for the new business school, the proposed development was described as a “flagship project for UCC” aimed primarily at accommodating growth in student and faculty numbers and to fulfil UCC’s ambition for a “world class business school”.
Following the grant of conditional planning UCC said: “UCC notes the council’s decision and will comment further when the planning process comes to its conclusion.”

 

[Pooman]

THU, 27 APR, 2023 - 07:00

Business school will add ‘vibrancy’ to city​

Planners in Cork City Council recently approved an application lodged by UCC in December seeking permission for the €106m business school at the former Brooks Haughton site on a block facing South Terrace, Copley Street and Union Quay.

A NEW multi-million euro Cork University Business School (CUBS) which has been granted conditional planning permission will bring "great vibrancy and activity" to a brownfield site at a strategic location in the city centre, the CEO of Cork Chamber has said. Credit: G-Net 3D

AMY NOLAN
A NEW multi-million euro Cork University Business School (CUBS) which has been granted conditional planning permission will bring “great vibrancy and activity” to a brownfield site at a strategic location in the city centre, the CEO of Cork Chamber has said.
Planners in Cork City Council recently approved an application lodged by UCC in December seeking permission for the €106m business school at the former Brooks Haughton site on a block facing South Terrace, Copley Street and Union Quay.
The development will primarily consist of the demolition of the former Brooks Haughton buildings, structures and boundary walls and the construction of the new CUBS building, ranging in height from three to six storeys.
The development description stated that the new building would include lecture theatres, academic offices, study and teaching areas, a restaurant and coffee dock, service rooms and bike storage.

The application also sought permission for the renovation of 18 and 19 South Terrace for a cafe and study space and also included proposals for landscaping works, works to the public realm and the provision of a new pedestrian laneway from Copley St to South Terrace.
Speaking to The Echo following the grant of conditional planning, the CEO of Cork Chamber, Conor Healy, welcomed the development.
“The plans for the university business school in the centre of the city are really important both in terms of meeting the needs of the growth and development of the business school but also it will be a very welcome addition to the city centre and will bring great vibrancy and activity to that part of the city once completed,” he said.
These sentiments were echoed by Independent councillor, Mick Finn.
“Development of such a large site as Brooks Haughton is welcome and the new UCC business school will bring a new lease of life to the area,” he said.
“It’s all the more important that the flood and public realm works at Morrison’s Island are carried out to a high visual and functional standard as there will be increased demand for outdoor spaces.”
There are 60 conditions attached to Cork City Council’s approval of the development.

One condition stipulates that, prior to any development, UCC must submit for approval by the planning authority, proposals incorporating further measures to enhance biodiversity into the development, additional to the proposal to install four bat boxes.
Plans for the new business school have been in the pipeline for years, with the State committing €25m towards the costs in 2019.
CUBS was established in 2014. It does not currently have a dedicated building; instead staff and students are dispersed across UCC’s campus and a number of its research centres are located in the city centre.
In the planning statement submitted with the application for the new business school, the proposed development was described as a “flagship project for UCC” aimed primarily at accommodating growth in student and faculty numbers and to fulfil UCC’s ambition for a “world class business school”.
Following the grant of conditional planning UCC said: “UCC notes the council’s decision and will comment further when the planning process comes to its conclusion.”

Hope to God it's not appealed.

 

[Lazy Calm]

Any idea of when it will be ready to open ? My young fella will hopefully be doing one of the Finance degrees in a couple of years or so.

When it was first announced, it was due to be finished in 2020 or 2021, so I thought my son would get a few years there.. he's graduating this summer so I guess not at this stage.. Maybe one of his younger siblings..

 

[Groundhurling24]

When it was first announced, it was due to be finished in 2020 or 2021, so I thought my son would get a few years there.. he's graduating this summer so I guess not at this stage.. Maybe one of his younger siblings..

A pure nightmare for the students! Dragging them away from the hub that is the main campus, reduces opportunity to socialize and drags away from the local pub trade, shame.

 

[Stacky]

Elverys tycoon leads investors in €12m purchase of Cork’s former Debenhams shop​

John Staunton among consortium that has acquired the landmark property at 12-17 St Patrick’s Street​

Debenhams' former premises at 12-17 St Patrick’s Street in Cork City previously operated as Roches Stores for almost a century.
Ronald Quinlan
Tue May 23 2023 - 12:59
A consortium of private investors involving John Staunton, a member of the Mayo family connected to the Intersports Elvery Sports retail chain, has acquired Debenhams’ former premises in Cork city.
While news of the deal and its terms have been kept firmly under wraps, The Irish Times understands the consortium has paid about €12 million for the landmark property at 12-17 St Patrick’s Street. The building had been seeking €20 million when it was first put on the market by agent Cushman & Wakefield along with Debenhams’ former premises on Henry Street in Dublin in August of last year.
While the Henry Street property is set to become the Dublin flagship store for its new owners, British billionaire Mike Ashley’s Sports Direct, the future of the Cork building remains unclear at this point. And while it is possible that Intersport Elverys, as it is now known, will occupy a portion of the property, market sources say they expect the remainder of its space to be offered to other prospective occupiers or to undergo redevelopment.
Mr Staunton has been contacted for comment.

---

The building, designed by Chillingworth & Levie, extends to almost 14,214sq m (152,998sq ft) and operated as Roches Stores for almost a century before the Roche family leased it to Debenhams in 2006. It is described as having a “very impressive facade with its feature copper dome, which is iconic in the city”. It has almost 45m of frontage on to Cork’s “premier shopping street”. In addition, there is return frontage of almost 121m to Maylor Street.
The acquisition of the St Patrick’s Street landmark brings to an end a protracted sale process, involving numerous potential suitors.

A number of parties ran the rule over the property, including Michael O’Flynn’s O’Flynn Group; JCD Group; O’Callaghan Properties; and Clarendon Properties, the company controlled by Tony Leonard and Paddy McKillen. While their interest in the building was to be expected given their long track record of development in the city, the bid by Dublin-based investment firm Ballybunion Capital came as more of a surprise.
The company, which was founded by Patrick O’Sullivan and acquired by Jersey-headquartered JTC Group in 2021, had already hit the headlines last year when it paid €85 million for the mixed-use Point Square scheme in Dublin’s north docklands. The price paid represented a premium of 13 per cent on the €75 million agent Savills had been guiding when it offered the property to the market on behalf of joint statutory receivers Stephen Tennant and Paul McCann of Grant Thornton.

 

[daftbrush]

If this gets the go ahead, I presume that the Marina Market will be able to stay where it is.

Not necessarily. The council raised queries about the sewer system and the HSA were not at all happy about it been located in a Seveso Site.
I have looked at the new application by Butler O Neill on behalf of CRP properties. The amount of documents looks minimal and Uisce Eireann (previously Irish Water) will be fine combing it to ensure the all effluent is in accordance with European standards.
The loss of the entrance at Kennedy Quay is a disadvantage to the businesses for deliveries etc.
I think a bid for the property is likely from OCP so that they will have control over the whole area.
The property will realise probably in the region of 11.5Million which a fair price for a property in this are give that the are many land ownership issues yet to be sorted out.

 

[daftbrush]

The business school is patterning with Deloitte and touche. The accountancy and advisory tac consultancy firm headed by Corkman Bryan Murphy will be an asset to to the new business school. The premises will be separated from the main ucc campus which is a pity as integration of all faculties each plying their richness is now lost.