A €20 million office development at Camden Place will provide 150 construction jobs with up to 500 jobs coming on-stream in Cork city centre on completion.
Demolition will commence this month, with work on the 65,000 sq ft of lettable floor space expected to take 12 months.
Award-winning Cork architecture firm Boyd Barrett Murphy-O’Connor (BBMOC) has designed the statement building, which will lead the rejuvenation of the city’s northern quays. The contemporary development by Stone Work Properties Ltd incorporates the much-loved existing Venetian-style façade into a 21st century glazed exterior.
Welcoming the news, Minister for Housing, Planning and Local Government Simon Coveney said the Camden Place redevelopment will strengthen Cork as a key location for global commerce: “This exciting project is very welcome news for Cork city, a city which has emerged from the downturn as a global centre of commercial excellence.”
The five floors of world-class office space will be capable of hosting 500 employees and is available to let. Camden Place faces the Cork Opera House and Emmet Place and is adjacent to Apple’s city centre location and the popular Huguenot Quarter. Large floor plates, as favoured particularly by the foreign direct investment (FDI) and tech sectors, range from 9,000 sq ft to 16,500 sq ft. The building shall be built to achieve the highest global standards with LEED environmental accreditation and incorporates the most efficient and sustainable methods. The building is also adjacent to the Carrolls Quay multi-storey car park, where 100 parking spaces will be made available.
The commercial agents advising Stone Work Properties Ltd say there is a huge appetite in Cork for buildings of this calibre.
Sean Healy, director at Cushman & Wakefield, said: “Camden Place is an ambitious project that will redefine Camden Quay and encourage further investment in the area. The new offices will attract global corporates as well as local businesses, who will be enticed by the contemporary office space, the good city centre location and proximity to Cork’s business district.”