Some of Cork’s biggest development projects have been completed in recent weeks and tenants are moving in this month.
BAM Ireland confirmed on Friday that it has completed the first block of Navigation Square, the first of four buildings in the €90m O’Callaghan Properties office development.
The block was handed over to its new tenants in February, two months ahead of schedule. Clearstream Global Securities Services Limited is taking up to 70,000 square feet of the first building, and BAM confirmed that the second building is progressing well. The four buildings will provide 106,680 square metres of office space in the heart of the city.
Also due to open is 85 South Mall, a joint JCD/PJ Hegarty development. The office space is fully let to KPMG and US cyber security company Forcepoint, and both companies are expected to move in this month.
Developers BAM Ireland also want to increase apartment numbers at another major project in the city.
HQ Developments Limited, a joint company involving BAM and Clarendon Properties, has requested permission to modify their plans for Horgan’s Quay.
They wish to change configuration of the residential element of the development, including an increase in height and the merging of four buildings into one. The change would increase the number of apartments in the developments from 230 to 300.
The proposed alterations would also relocate the créche to the corner of Railway Street and Alfred Street and increase its size.
There would be an increase of five retail units and a decrease in the number of parking spaces. They also wish to increase and relocate bicycle parking at the site.
The Horgan Quay development, which began late last year, includes 37,000 sqm of office space and 2,285 sqm of retail and restaurant space on a 6.1-acre site. A decision on the proposed changes is due in mid-April.
Work also continues on the Bon Secours extension, which hospital management has said will be complete by the end of April.
The €77m project includes a state-of-the-art radiotherapy department and the hospital’s bed capacity will increase by around 15%.
BAM’s development at the former Beamish & Crawford site, where construction of student apartments has been underway for several months, also continues. Work is underway on an office development for educational (college) use, to be located around the historic Counting House building in the centre of the site. The building will also include a brewery interpretive centre.
Meanwhile, the more controversial element of that project, the long-awaited event centre, remains shrouded in uncertainty.
Last week, a number business organisations came together to say it was imperative that the development of the 6,000-capacity, multi-purpose venue begin immediately, but, as yet, there is no start date.
Also yet to get underway is construction of the planned hotel on the site of the former tax office on Sullivan Quay.
Planning has been in place since the summer of 2018, but work has not progressed beyond site clearance.
A large mound of rubble, which was left at the site, has drawn the ire of City Hall, with a threat of potential fines under vacant sites legislation, if it is not cleared this month.