Major Cork City Centre residential development planned

Major Cork City Centre residential development planned

JCD Group yesterday confirmed it has formally lodged its planning application with An Bord Pleanála to construct a large-scale residential “build to rent” scheme in Cork’s docklands in response to the severe shortage of quality rental accommodation in the City. 

The development, if approved, will be a purpose built, high quality apartment scheme on the Carey’s Tool Hire site, which the company purchased earlier this year.

JCD have completed the pre application process as set out in the fast track “Strategic Housing Development” Guidelines which must be completed prior to making a formal application directly to An Bord Pleanála. A decision is expected within the next 16 weeks.

JCD say that the project would sustain 200 construction jobs and deliver 201 apartments into a market desperately in need of quality residential accommodation. The site itself extends from Albert Road along Albert Street, fronting Albert Quay and includes the former Sextant Bar, as well as the former Terminus for the Cork-Blackrock & Passage Railway. The proposed scheme will comprise of 93 one bed, 104 two bed and 4 three bed apartments.

Part of the proposed scheme will include the relocation of the Bar and Restaurant use from the former Sextant premises to the protected Ticketing Office and Railway Terminus Building located on Albert Street, the creation of an internal public plaza and the refurbishment of the Station Offices for office use. JCD say there will be significant investment in these protected and historic structures to restore them to their former prominence. 

The scheme’s amenities will include a 25th floor residents’ lounge and dining area which will be available to all residents of the scheme, residents’ gym, public café, coworking space, games room and a basement with car spaces, large area for bicycle parking, refuse and recycling as well as dedicated storage areas for the apartments. Provision will also be made for electric car charging points as well as GoCar facilities.

Speaking this week, Tanaiste Simon Coveney said, "I am very pleased to see planning permission lodged for this very significant apartment development for Cork City. The plans by JCD to construct a large-scale residential “build to rent” scheme in Cork’s docklands will be a very significant development for the city."

CEO of JCD Group, John Cleary added, "We are very excited to be progressing this proposed large-scale residential scheme on this key site. It's been almost 12 years since the last new City Centre apartment scheme of scale was completed in the City and given the current momentum in the office sector, the availability of apartments such as those proposed is an essential ingredient to the ongoing development and growth of the City Centre. We really believe that Cork has an opportunity to undergo a real transformation into a modern European city, where people are encouraged to work, live, socialise and shop in the city centre."

Source: www.businessworld.ie