Cork City Council has approved a planning application for a €125m office development, Penrose Dock on Penrose Quay, spanning 250,000 sq ft across two buildings. Proposed by John Cleary Developments, it says it has the capacity for 2,250 jobs when completed in 2020. The decision to grant the permission comes shortly after BAM/Clarendon Properties got the green light to develop a €160m mixed-use scheme right alongside, called HQ on Horgan’s Quay, in conjunction with land owners CIE. The HQ scheme includes 237 apartments for the letting market, a hotel, and 390,000 sq ft of offices, likely to take four years to complete. Last night, JCD said it hopes to move on site as soon as next month, with 300 construction jobs via builders PJ Hegarty & Sons. It said the Wilson Architecture- designed scheme “is seen as adding substantial momentum to Cork City Council’s Docklands Development Strategy, by bringing balance to both the North and South Quays”.
Read the full article @ The Irish Examiner
Post a Comment