Why is Dublin City Council spending “crazy money” on even considering the idea of a developing an international standard white-water rapids rafting circuit and polo pool for the city’s docklands? asks Dubliner Mary D'Arcy.
A masterplan has been unveiled for a multi-million euro redevelopment of the former Irish Fertiliser Industries (IFI) site at Marino Point in Cork harbour, which will include a mix of industries and a new cruise ship berth.
Hibernia Reit, the country’s largest stockmarket-listed office landlord, still has “the firepower” to make further significant acquisitions in Dublin, but has all but ruled itself out in pitching for rival Green Reit which had put itself up for sale.
Half-price parking deals, an extended park and ride bus service, and new city centre set-down areas are part of a package of measures planned as part of the reintroduction of the controversial afternoon car ban on Cork City’s main street.
Confirmation of the financial services firm Clearstream to over 70,000 sq ft, plus an optional extra of 20,000 sq ft more for 600 well-paid financial services jobs at Navigation Square on Cork city’s quays makes it one of the very largest-ever office deals in Cork city.
A number of new office occupiers and sale deals are coming to an end-of-year close in the heart of Cork city, at Lapps Quay, at City Quarter, and at the Elysian, where a new walk-in medical clinic is set to open next month and where a new restaurant letting is agreed. Plus there’s 12,000 sq ft of offices at the Elysian under active negotiation via Lisney.
In hindsight, the name Phoenix House has proven particularly apt: rising from the crash, Cork’s €20m-plus Phoenix House third generation office building a mile from City Hall has secured its first, sizeable tenant, Regus — almost 10 years after it was built.