Howard Holdings win CBA award

PROPERTY developers Howard Holdings, who have over €700 million under development, are the third quarter winners of the Cork Business of the Year Award 2004.

The award, co-sponsored by Heineken Ireland and the Irish Examiner, was presented yesterday by the Cork Business Association.

Howard Holdings is a major force in the Irish, British, European and South African residential, commercial and retail property markets.

The company at present has over €700m under development in these markets and intends to extend its investment portfolio during 2004/2005.

In Cork city, Howard Holdings is developing a €100m hotel, conference centre and commercial project on Lapps Quay, which is due for completion in the spring of 2005.

The project will change the face of this once derelict area and is predicted to contribute enormously to the city by the reconstruction of the quay walls and the construction of new boardwalks and pedestrian ways at the company’s expense.

Howard Holdings’ managing director, Greg Coughlan, said: “The City Quarter project in Lapps Quay which will open in March 2005 is one of our most exciting projects to date. It will be a defining development for Cork city, will be the first Cork Docklands project and will bring city centre office and commercial infrastructure to a new level here. We believe it will presage a dynamic period of change and development in Cork and we look forward to playing an important role in that new era.”

The City Quarter development is also hugely symbolic as it is the flagship development for the Cork Docklands Project.

This project, which evolved from the Cork Area Strategic Plan commissioned by Cork city and county councils, envisages a comprehensive re-development of over 400 acres of the docklands area.

The master plan for the docklands envisages a wide range of land uses, incorporating 6 million sq ft of new non-residential uses, including offices, a third level campus, cultural and leisure facilities, new parks and marinas.

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