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Press Room


German investment fund buys Capitol development in Cork city for €45m

September 7, 2017

The €45.6m purchase of the John Cleary Developments’ Capitol development in Cork city by a German pension fund “is a major confidence boost for the city” and a positive omen for new development, according to Goodbody investment analyst Colm Lauder. The strong arrival of Real I.S. to the Cork property…

€30m, five-storey office building to be built by JCD on South Mall

August 7, 2017

PLANNING permission has been granted for a major new €30m, five-storey office block on South Mall that will accommodate 450 workers.  Developer John Cleary’s JCD Group just recently completed work on the Capital redevelopment with the retail and bar and space already fully let and a number of significant companies…

Stores in The Capitol confirmed; Oyster Tavern to reopen

March 28, 2017

Global 21st-century tech giant Facebook, along with Chinese firm Huawei and US cyber security company Alien Vault, are to keep company with a repolished Cork pearl, the 18th century-founded Oyster Tavern, as the line-up for the city centre’s €50m Capitol shops, office and bar development is confirmed. Taking on the…

450-job boost for Cork’s business boulevard with new office block

March 23, 2017

A €25 million, 450-job new South Mall office block for foreign direct investment (FDI) and IT start-up companies will be seen as a highly significant vote of confidence in Cork city centre’s traditional office and commercial heartland. Behind the move to deliver a 50,000 sq ft office block to Gold LEED…

One Albert Quay scoops Best New Development award

November 11, 2016

The Better Building Awards, organised by the Cork Business Association, reward businesses and building caretakers for protecting and enhancing the city’s streetscape. The ‘best in retail’ award went to clothing store, Superdry, for their renovation of the former Moderne store on Patrick’s Street. Keanes Jewellers also won a ‘special merit…

Latest addition to Cork city centre is simply Capitol

October 13, 2016

AS THE very last section of shiny, white Techcrete cladding panels swung into place this week on Cork City’s rapidly-emerging €50m Capitol retail and office complex, a pedestrian passerby on Grand Parade observed “ah, the last piece of the jigsaw”. “It’s a beautiful building, and it’s big improvement. It shows…

One Albert Quay is to get its own Starbucks

June 15, 2016

The premises is one of Ireland’s newest and most sophisticated office buildings and is now home to the global headquarters of Tyco, who are joined by a number of other prestigious tenants including PwC, Hortonworks, Malwarebytes, ARUP, Ardmore Shipping and Investec. Starbucks will operate the ground floor cafe premises in…

One Albert Quay wins commercial project of the year

June 4, 2016

Over 500 of the leading construction industry professionals gathered in the Doubletree by Hilton Hotel Dublin last night, Thursday 2nd June, for the annual Irish Construction Awards 2016. On the night 23 prestigious trophies were presented as the who’s who of the construction industry celebrated the achievements in the sector….

PwC moves into Cork’s largest office block, One Albert Quay

May 3, 2016

Professional services firm leases 14,000sq ft space on a 15-year basis. PricewaterhouseCoopers has relocated its Cork offices to the city’s largest office block, One Albert Quay. The professional services firm has doubled in size over the last few years and needed new facilities to continue its growth strategy. It has…

Work begins on Cork’s Capitol cinema site

April 20, 2016

Construction is underway on the city’s most important high-street development for many years. “The Capitol”, located on St Patrick’s Street, but also with frontage to Grand Parade, is a €50 million development by local developer JCD (John Cleary Developments) and is the first spec-built city centre development in Cork since…