New Cork offices have housing solution

Companies considering locating in Cork may be lured by favourable terms to accommodate staff in a new, purpose-delivered, build-to-let apartment investment, as part of a proposed, mixed-used city centre project at Horgan’s Quay.

The scheme, to be promoted by Clarendon Properties and BAM and with a design team now appointed (see below), will be worth well in excess of €100m; it will include 200 apartments, 4,000 sq meters of offices, plus an hotel on six acres, by the new, city-end entrance being created at Horgan’s Quay/Kent Railway Station.

The mix of apartments and offices may appeal, as FDI companies locating to Irish cities, such as Cork, Galway and Dublin, have all cited concerns over existing shortages of suitable accommodation for employees.