Owners of vacant Cork city centre warehouses still planning hotel development

Company which has owned the buildings on Cork's Parnell Place since 2017 said the impact of the covid pandemic meant it was impossible to proceed with the hotel project in recent years

The anti-eviction ban rally on Parnell Place last Saturday. Picture: Cian O'Regan

The owners of adjoining historic city centre warehouses which have lain vacant for almost a decade say they are still working on plans to develop a hotel on the site.

But Tetrarch Capital, which has owned the buildings on Cork's Parnell Place since 2017, said the current funding environment for regional hotel development was "very challenging".