THE detailed design for the Cork events centre has been completed, Cork City Council has said in response to a progress update request from a city councillor.
The proposed events centre, which was first approved by planning 10 years ago, has met a number of snags over the past decade.
The €80 million, 6,000-seat event centre on the site of the former Beamish and Crawford brewery in Cork city has now made progress which Lord Mayor Colm Kelleher said was “very promising”.
In a statement from Cork City Council’s executive team, City Hall said: “As previously advised all parties have continued to work together to progress this project, with the appropriate legal structures having being put in place by Live Nation/BAM and there has been agreement in principle on all the substantive issues in the funding agreement.
“The executive said: “All parties will enter into the agreement as the detailed design is completed and further certainty is achieved on the cost risks involved. This will also inform the construction programme.
“Live Nation/BAM are working to mobilise their design team so that it can be fully engaged once corporate approval is obtained by Live Nation in Ireland.”
Live Nation is governed by an LA based company that must approve the agreement before further progress can be made.