Cost of Cork's €85m event centre expected to soar further

Overall costs have soared to some €85m, with State investment in the project increasing to €57m — more than the entire original cost estimate.

A computer-generated image of the proposed Cork Event Centre. Picture: Populous

The cost of building the proposed €85m Cork event centre is set to soar again, casting fresh doubt on assurances that construction would finally start this year — more than seven years after the official sod-turning.

City councillors were told last night that the completion of the detailed designs for the proposed 6,000-capacity venue, which is in line for some €57m in State investment, has resulted in a cost increase.