Council site got ‘best deal possible’, says city manager

CORK’S city manager has defended the sale of a council-owned city centre site of 0.64 acres for €2.25 million despite rocketing land prices.

Joe Gavin said Cork City Council got “the best deal possible” when it agreed to sell the 2,600sq metre site behind Albert Quay House, headquarters of the council’s traffic department, to developers Howard Holdings.

The company, headed by Greg Coughlan, plans to build an Enterprise Ireland-supported Webworks project on the site - an incubator project for IT companies.