Cork City Developments: ‘Extend Cork for €500m scheme boost’

A leading developer has backed calls for a massive extension of Cork’s city boundary.

Owen O’Callaghan, the managing director of O’Callaghan Properties, one of three Cork-based development firms planning almost €500m of strategic investment projects in the city centre, said the creation of a metropolitan Cork would help the city sell itself globally and attract massive foreign direct investment to fund such major projects.

He was speaking after the firms outlined details of multi-million euro projects earmarked for Cork City which have the potential to create hundreds of construction jobs in the short term and up to 10,000 office jobs over the coming years.