BAM seeks €12m extra State funding for Cork events centre

BAM, the developer planning to build an events centre in Cork, is poised to ask the Government for at least another €12m in State funding to deliver the 6,000-seat venue.

BAM seeks €12m extra State funding for Cork events centre

The building costs have soared from €53m to €65m, it emerged last night, following a protracted internal redesign process which has seen the venue’s footprint increase from just over 10,000 sq m to 13,500 sq m.

BAM said it will be asking the Government to increase its investment in the project from €20m — sanctioned two years ago — to €32m.

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