One of the city's biggest construction projects reached a significant milestone this week, four weeks ahead of schedule. 

The first tower crane was erected at JCD’s latest city centre office development, Penrose Dock, yesterday and the excavation works of the almost two-acre double basement excavation phase nears completion. 

Two more tower cranes will be installed on site in the coming weeks,

The project’s main contractor, PJ Hegarty, began site clearance works back in late-October, immediately after planning permission was granted. 

The entire project is already four weeks ahead of schedule and is due for completion in April 2020.

The €125 million development will involve the construction of two office buildings and on-site amenities including a 10,500 sq. ft. gym. 

Penrose One will be a seven-story office building fronting Penrose Quay and Penrose Two, at nine stories will be the tallest office building in Cork.

Both will be completed in a single phase, providing office accommodation for up to 2,500 people.

50% of the basement foundations are now complete, consisting of over 3,000 cubic metres of concrete, much of which was poured at night to minimise disruption to the surrounding businesses.

The lift and stair core construction will now commence and emerge into Corks changing skyline in the coming weeks.

“We are very pleased to reach this construction milestone at Penrose Dock ahead of schedule, having the basement excavation phase nearing completion and the above ground structures commencing," Martin O’Brien, Director of JCD, said.

"This marks an important stage of the project." 

JCD, over the past number of years have completed high profile city centre projects including One Albert Quay, The Capitol, full occupation of 89/90 South Mall, the restoration and occupation of 97 South Mall and most recently 85 South Mall, with the first tenant moving in next week. Combined, almost two thousand people are now employed in these buildings within the city centre.

which will be a welcome addition to Cork’s skyline signifying the growing investment in the city centre.