University College Cork is to open a 4,000-student strong Business School in Cork city centre in what is another huge boost for the region.

A €1bn Texas-based cybersecurity company, Forcepoint, is to occupy two floors of Cork city centre’s new office block, 85 South Mall, intensifying the 21st-century tech corridor on the southern capital’s most traditional business, banking, commerce and services boulevard.

A planning probe is under way following the erection of a fast-food giant’s advertising signs on a historic laneway entrance to Cork’s famous English Market.

Brand new to the Cork market this week is a prime office investment opportunity, for sale via agents Lisney, at 26/27 South Mall, writes Diarmaid Condon.

A third, institutional fund sale of a retail investment on the western section for Cork city’s main trading thoroughfare, St Patrick’s Street, is new to marekt.

Ireland’s tallest building, the Elysian Tower in Cork city, is expected to fetch more than €100m when it goes on sale in the coming weeks.

Ireland’s tallest building, the Elysian Tower in Cork city, is expected to fetch more than €100m when it goes on sale in the coming weeks.

THE €45.6 million purchase of the John Cleary Developments’ Capitol development in Cork city by a German pension fund “is a major confidence boost for the city” and a positive omen for new development, according to Goodbody investment analyst Colm Lauder.

Cork city centre’s largest office scheme, Navigation Square, is now cleared for a €90m build commencement by the summer which could facilitate 3,000 jobs.

Global 21st-century tech giant Facebook, along with Chinese firm Huawei and US cyber security company Alien Vault, are to keep company with a repolished Cork pearl, the 18th century-founded Oyster Tavern, as the line-up for the city centre’s €50m Capitol shops, office and bar development is confirmed.

Companies considering locating in Cork may be lured by favourable terms to accommodate staff in a new, purpose-delivered, build-to-let apartment investment, as part of a proposed, mixed-used city centre project at Horgan’s Quay.

An international anti-virus and cybersecurity company, Cylance, is to open offices on Cork city’s South Mall: a formal jobs announcement and commitment is due within days. It’s one of several new office moves on the South Mall, with Irish Life Health also taking space on the street from next week.

The developer behind one of Ireland’s most successful tech and software office campuses has unveiled ambitious plans to build hundreds of apartments in the area as part of an €80m office project.

An estate agency firm established 10 years ago has bought an historic, South Mall building in the heart of Cork’s Central Business District for its own office use, and as a part-investment on its upper floors.

The €90m office development proposed this week for Cork City’s quays show a mark of confidence in the second city’s employment prospects — much of it foreign direct investment-sourced jobs — as is evident in recent jobs announcements and arrivals such as Tyco.

THE property investment market in Ireland’s second city hit new and record highs in 2015, far out-stripping 2014’s much-recovered market, according to a new report due shortly from DTZ Sherry FitzGerald.

Here’s a briefing on some of the stories and issues highlighted on irishexaminer.com today.

Three weeks away from moving the first 270 Tyco staff of 700 proposed in the multinational giant’s global HQ into the €50 million-plus Cork office development One Albert Quay, the John Cleary Developments 170,000 sq ft landmark building “will act as a talent magnet for Tyco, and for Cork.”

Investment property activity is continuing through to year’s end in and around Cork city centre streets by the Penneys site, which is expected to go forward for planning permission next month for a major redevelopment, after a two-year site assembly

Global consulting engineering company, Arup, is to move into new Cork City offices, at One Albert Quay, in time for its 70th anniversary.

Here are eight projects that could rejuvenate Cork City.

€500m in developments will rejuvenate city but planning is key, writes Eoin English

Cork’s Mahon/Skehard suburb will soon have a new, €50m office development, in six blocks, — but, meanwhile, a smaller, 3,000 sq ft space is to let at Bridge House, Skehard Road, via estate agent Rob Coughlan, of Cohalan Downing.

The sale and €75m- €100m redevelopment of Cork City’s prime Capitol Cinema site for a food-related innovation centre, retail and office block represents "a turning point for the city" and will lead to renewal of a whole section of Cork, it has been claimed.

With both mainstream and social media dominated by political disharmony and the negativity caused by the mishandling of the Irish Water debacle it is easy to get lost in a haze of public discontent.

Taoiseach Enda Kenny yesterday heralded the turning of the sod on what will be the biggest office block ever constructed in Cork as an exceptional day for the city.

That more than half of Cork city centre’s biggest ever office development — the hugely impressive €50m One Albert Quay project — has been reserved just a month after ground was broken, and 16 months before the project is scheduled for completion, suggests a vote of confidence in the region that will generate real momentum in the economic recovery.

An Aldi store is being proposed for the ground floor of Ireland’s tallest building, the Elysian, next door to Cork City Hall.

Construction cranes could be back on Cork City’s skyline next year, with plans being lodged today for a €50m eight-storey office block alongside City Hall.

A Cork office scheme which is due to host several hundred new EMC jobs, has just been bought as an investment by Irish Life for as much as €40m.

Cork’s City Gate Park in Mahon today takes a further step towards major IT talent clustering with confirmation of the arrival of hundreds of EMC Corporation jobs to the new office campus.

AN ENTIRE South Mall building, opposite the Imperial Hotel, is coming to market for lease because overhead tenants, law firm Ronan Daly Jermyn, are relocating to City Gate Park in Mahon, Cork.

A SERIES of deals and employment is expected to flow at the €70 million City Gate Park, built over the past 18 months in the face of international recession, and where Taoiseach Enda Kenny tomorrow officially opens the 75,000 sq ft stand-alone building bought by Dell/Quest.

Forty retail jobs are in the offing for a pre-Christmas opening of UK sofa chain DFS’s new Cork store.

AN investment advisory firm involved in a €90 million private hospital development in Cork city has petitioned the High Court to wind up the hospital’s backers, Sheehan Medical Ltd.

MORE than 100 unsecured creditors of a former private hospital who between them are owed more than €4 million are unlikely to receive any money following liquidation of the company.