THE former Hilser Bros Jewellers' premises on Grand Parade could be set to reopen in the coming months after Cork City Council confirmed talks with a potential tenant.
City officials are remaining tight-lipped on who is set to take over the prime site but said that talks with 'an established organisation in relation to an exciting new venture' are advanced.
The building has been vacant since Hilser Bros Jewellers shut their doors in March 2016 after 155 years in business.
The site, adjacent to the new Capitol redevelopment and the English Market, recently underwent a facelift.
A paint job with a gold leaf finish has brightened up both the former jewellery shop and the adjacent entrance to the English Market, completing the facelift that has rejuvenated the entire Grand Parade in recent months.
Paul Moynihan, director of corporate and external affairs at Cork City Council, said that he hopes to see the building reoccupied sooner rather than later.
"We are talking to an established organisation in relation to an exciting new venture," he said.
"The details of this are to be announced in the coming months.
"We are very confident that any potential tenants for the building will add to the renewed vibrancy and life at this end of the city."
In the coming weeks, the redeveloped Capitol cinema is also set to open its doors.
Lifestyle Sports are set to occupy half the retail space, opening in time for the June bank holiday weekend.
The Oyster Tavern bar and restaurant will open around the same time, with office tenants like AlienVault, Huawei and Facebook set to move in beforehand.
Mr Moynihan hailed the 'significant' contribution this will make to the Grand Parade and nearby areas.
The multi-million euro redevelopment is sure to draw thousands to that end of the city and marks the biggest retail development in the city centre since Opera Lane.
Mr Moynihan said, "I have to pay tribute to [developers] JCD and the manner in which they engaged with the City Council and the English Market traders throughout this entire process.
"They stepped up to the plate and have presented this huge new face on the Grand Parade which will surely be a boost for the entire city."
Nearby businesses will also reap the rewards, Mr Moynihan added.
"There are some great businesses in the area and I have no doubt that the presence of so many extra people, both in terms of employees and shoppers, will help lift them all."