JCD’s €50m office buy

GOOD story for Cork, good story for the country, and more cranes on the skyline to come.

This week’s announcement of the acquisition of a shovel-ready office site at Mahon, Cork by John Clery Developments could mean 600 construction jobs in the city within the next six months.

The JCD Group’s acquisition of the Ma-Com site at Mahon, which has full planning permission for 300,000sq ft of grade-A office space, follows the news of an early start on its One Albert Quay office block, next month, with the potential for 300 jobs. The Blackrock site will also employ upwards of 300 in construction, with both sites offering total accommodation for 4,000 office workers when completed.