Crawford purchases 46 Grand Parade

A new education/arts use is being pencilled in for a high profile Cork city centre building by the proposed events centre/Brewery Quarter, which is being sold for well over €1 million.

Cork’s CIT/Crawford College of Art has emerged as the buyer of 46 Grand Parade, seeing off rival bids from developers, investors and other private sector interests after the historic building went to best bids, having been put on the open market in June of this year.

Sale terms have been agreed and the deal is progressing, according to education sources who say the acquisition by CIT/Crawford is being seen as strategic by the third level college.