Minister Coveney downplays fears over 500 jobs
In January, Swiss security systems multinational Tyco announced 500 jobs for Cork. It was understood that the company would be the anchor tenant in a new nine-storey office block proposed by John Cleary Developments.
Cork City Council granted planning permission for the 200,000 sq ft Albert Quay development in February and it was initially hoped the project would be complete by December 2015.