We'll keep feel and vibe of docks setting, pledge O'Callaghan Properties after €47.5m Cork site deal

20 year development time-frame for 31-acre docks site

DEVELOPMENT on Cork’s docklands prime Origin site, with a €47.5m purchase, agreed this week, could take place over a possible start period in three years time, and lasting to as much as 20+ years to complete, such is its scale and scope.

It has potential under current masterplans for up to 4 million square feet of development at a possible capital value over time of €1bn, with 40% allocated for high-density residential accommodation. And, density and heights may rise even more in the city’s new Dockland LAP, due to be published by year’s end.