April 19, 2019
The tallest office building so far developed in Cork City, Penrose Dock next to Kent Rail Station at up to nine storeys, is setting an even more impressive record: its first core and lift shaft is up to full height, less than a year after the €125m project on the…
March 6, 2019
One of the city’s biggest construction projects reached a significant milestone this week, four weeks ahead of schedule. The first tower crane was erected at JCD’s latest City Centre office development, Penrose Dock, yesterday and the excavation works of the almost two-acre double basement excavation phase nears completion. The project’s…
November 8, 2018
FEARS of a hard Brexit are feeding into demand for quality industrial and logistics space for firms dealing with other EU countries, it’s claimed, as a developer pledges to fully complete a largely moth-balled and part-occupied 50-acre business park, near Cork’s Blarney. The pledge comes as new jobs are already…
October 13, 2018
The regeneration of Cork’s docklands has stepped up another gear with work underway on a €125m office block on the northern quays which will be able to accommodate more than 2,250 workers by mid-2020. John Cleary, the developer behind the Penrose Dock project near the train station, said he believes…
September 12, 2018
A major planning approval this week brings to €300m the value of development set to flow onto Cork City’s north quays, by CIÉ’s Kent railway station. Cork City Council has approved a planning application for a €125m office development, Penrose Dock on Penrose Quay, spanning 250,000 sq ft across two…
September 6, 2018
A €1bn Texas-based cybersecurity company, Forcepoint, is to occupy two floors of Cork city centre’s new office block, 85 South Mall, intensifying the 21st-century tech corridor on the southern capital’s most traditional business, banking, commerce and services boulevard. Confirmation of Forcepoint’s commitment and set to bring 100 jobs means the…
May 25, 2018
Developer JCD Group has confirmed its intention to develop 250,000 sq ft of offices at Penrose Quay in Cork City’s Docklands. Distributed across a site of 1.8 acres, the proposed Penrose Dock scheme will have the capacity to accommodate over 2,200 employees and see the delivery of two large individual…
February 5, 2018
Cork is set become a big data hub following confirmation that a €200m data centre campus will begin operations on the outskirts of the city next year. A reliable high-voltage power supply and a climate which provides free indirect air cooling helped secure the joint venture investment by US firm…
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…
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…