Housing Minister Simon Coveney: Exciting developments for Cork city

Cork City will see the most exciting developments since independence over the next two decades with huge growth and investment which will transform its landscape, Housing Minister Simon Coveney said.

A series of areas in Cork and other counties are also likely to be declared rent pressure zones (RPZs) in the coming weeks, which will allow for rate increases to be capped at 4% a year.

Speaking to the Irish Examiner, Mr Coveney said: “I have a very ambitious vision for Cork. I think as a city, the next 20 years will be the most exciting since independence for Cork city. I think we are going to see a dramatic increase in our population, I think we are going to see a lot of economic growth, a lot of investment from Irish companies as well as multi-nationals.