Wilton Shopping Centre is set for a €100m redevelopment.
Complex owners Clarendon Properties are looking at building a multi-screen cinema, a hotel, two public plazas and new two-storey mixed retail area on the site.
Part of the current building, Penney’s outlet, is marked for demolition, however, the other existing malls will remain.
A Clarendon spokesperson said the company has worked on the plans for the project over the past 18 months and said they are “excited” to unveil the proposal that maintains the old structures and allows for a significant extension.
The company are hoping to submit a planning permission application to Cork City Council in the near future, depending on the outcome of local consultation.
Wilton Trader’s Association has said they are “disappointed” with the “lack of respect and common business decency” shown to traders in Wilton saying that the developers at no point engaged with them “at any level or stage of the process to date.”
The association, which represents 60 shops that employ more than 500 people, emphasised that their livelihoods depend on the future of the Wilton Shopping Centre and therefore should be kept “in the loop” on any major developments.
A spokesperson for Clarendon said they look forward to discussing the proposed plans with traders and local residents tonight at the planned public meeting.