A flagship project for city’s rejuvenation

That more than half of Cork city centre’s biggest ever office development — the hugely impressive €50m One Albert Quay project — has been reserved just a month after ground was broken, and 16 months before the project is scheduled for completion, suggests a vote of confidence in the region that will generate real momentum in the economic recovery.

The development will immediately create 300 construction jobs.

Tyco, the world’s largest fire safety and security company, will base its Global Business Services Centre over four floors of the complex and the company expects to employ 700 people in Ireland in the coming years. PricewaterhouseCooper will also be tenants. When completed One Albert Quay will be able to accommodate 1,700 workers. This is an impressive, tide-turning project by any standard.