Cork Docklands funding puts renewed focus on affordability of homes in the city

2019 report revealed that a first-time buyer would need a salary of €125,000 to afford a two-bed apartment in Cork

Taoiseach Micheál Martin announcing the €50m facelift for parts of Cork City centre as part of the major €405m urban regeneration funding for the Cork City docklands at Kennedy Quay, with the HQ office development in the background. Picture: Eddie O'Hare

The major funding announcement made by the Government today for the redevelopment of the Cork Docklands must now be matched by investment on the ground, Cork Chamber has said.

The Taoiseach, Micheál Martin, today confirmed funding of €353.4m to enable works for what will be one of the largest regeneration programmes in the State.