‘We need to be ready when the market is right’

GERRY WYCHERLEY is a director of Templeford Ltd and the Marina Commercial Park.

‘We need to be ready when the market is right’

A native of Rosscarbery, Co Cork, he is involved in a number of tourism projects in West Cork, including the Celtic Ross Hotel in Rosscarbery and the Celtic Cottages in Schull.

His many business interests include Marina Commercial Park on the Centre Park Road, in Cork city, which he developed in the late 1980s on the sites of the former Ford and Dunlop factories.

He is also a founding director of the Cork Airport Business Park, which opened in 1997.

It is now home to many of the world’s top businesses including Pfizer, Bank of New York Mellon, GlaxoSmithKline, Amazon, Schering-Plough and Analog Devices.

“We started in the Marina Commercial Park in 1989 when times weren’t great,” he said.

“We started the Cork Airport Business Park in 1997 when times weren’t great either.

“This new project is a 20-year project. The world is going to change an awful lot over that period.

“Planning is a long process. We don’t know when we will get planning. And we don’t know our start date.

“But we need to have all our ducks lined up and ready for when the time is right. We need to be ready for when the market is right.

“Given the size of this development, it won’t all take place on one day but over quite a long period of time in line with market demands.”

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