€1bn ‘New Cork’ docklands plan to double size of city

Ambitious plans to develop a €1bn ‘New Cork’ will be discussed by planners as the city takes a giant leap towards unlocking the potential of its vast docklands.

Targeted as one of Europe’s flagship docklands projects, the opportunities offered by the 220-hectare brownfield development on the north and south docks has been described as unrivalled in Ireland.

It is hoped the region will be transformed into a dynamic urban quarter, attracting thousands of jobs and residents and almost doubling the size of the city. However, investment of up to €1.3bn will be required — up to €1bn for a rapid transit system and further €351m for infrastructure development such as new roads and bridges.