HOMEWARE brand Homesense has been confirmed as the remaining retailer in the soon-to-open Capitol development.
The move had long been rumoured locally and will not come as a surprise to many.
Homesense, which is the sister store of discount clothing retailer TK Maxx, joins sports retailer Lifestyle Sports in occupying the retail space in the development.
It is understood that the new store will open on June 15, one week after Homesense opens its first Irish store in Blanchardstown, Co Dublin, and two weeks after the Capitol development is expected to open its doors to the general public.
With Lifestyle Sports taking approximately 21,000 sq ft on the ground and first floor of the development, Homesense is set to occupy somewhere in the region of 20,000 sq ft.
Commenting on the launch of its Irish expansion, which will create 60 jobs in two stores, Deborah Dolce, group brand and marketing director for TJX Europe, said, "We are so excited about launching our second brand, Homesense, in Ireland this summer.
"Irish shoppers have warmly adopted TK Maxx since we launched twenty years ago. Customers here certainly have a keen eye for quality and are brilliant at finding bargains."
Where TK Maxx focuses on clothing, Homesense stocks 'branded and eclectic homeware at amazing prices' according to Ms Dolce.
Homesense has already commenced hiring for the new store, with positions listed on www.yourcareersense.ie.
As has previously been reported, Facebook, Huawei and AlienVault are set to occupy some of the sought-after office space on the upper floors of the development.
Facebook has already commenced hiring staff for the new office, with the venture expected to focus on its virtual reality operations under its Oculus brand.
Cyber-security firm AlienVault has confirmed its intention to employ as many as 50 people on site by the end of the year, with Chinese telecommunications giant Huawei taking 6,000 sq ft in the development to expand its R&D operations in Cork.
The third floor office remains unoccupied, though negotiations are believed to be ongoing with a number of potential tenants.