Sorry for moving this thread around - but I think it's probably more suited to this forum rather than Investments & Markets
Cork: Architecture & Development ->
http://www.archiseek.com/content/showthread.php?t=4127
A link worth considering. The broader site also contains some very interesting topics - especially those of you with an interest in architecture.
Revenue Commissioners Announcement
The OPW have indicated their intention to announce the successful Revenue Commissioners tenancy bid for next week. The contest has been a long and tough one with some good proposals forwarded. The likes of The Shipton Group, Kenny Group and McCarthy Developments had all forwarded pitches, however, in the end only 2 proposals came down to the final tie with a proposal set for the former 'Susie's Field' quarry off Assumption Road in Blackpool, now looking set to bring home the 'trophy'. Ascon Rohcon Limited who have championed a planning permission attained by auctioneer/developers Joe Carey & Frank Sheahan are claiming to be dead-cert in having attained Revenue Commissioner tenancy. The subject proposal attained permission in July 2003 following a lengthy planning process beginning back in 2001. Designed by Jack Coughlan & Associates, the scheme was granted with permission for 397 basement car-parking spaces over 2 decks and 13,511sq m of additional commercial space of which the bulk is open plan office space. A provision of 250sq m of retail space will be made for local services use. The new building will extend to 4-floors over the basement car-parking with the structure's profile generally aligning with the quarry slopes.
Susie's Field site indicated in purple. Not shown is the new link road between the Blackpool By-Pass and Pope's Road which also graces the western periphery of the site.
If Theo Cullinane (of Ascon) is endorsed by the OPW announcement next week, it will mean up to 600 of the Revenue Commissioners staff will leave Sullivans Quay in the city centre and travel to the northern suburb breaches. Should the case be verified, construction on the project is likely to commence early in 2006. It will mean the loss of McCarthy Developments contestancy who provided a highly attractive docklands alternative of 8-storeys along Centre Park Road, designed by Murray O'Laoire (see below). As part of the deal, Ascon Rohcon & Joe Carey/Frank Sheahan will also acquire the valuable 0.75acre Government Buildings site at Sullivans Quay which, subject to some site foundation modifications, is capable of providing a landmark commercial scheme which would have adequate scope for a new city centre cinema facility (in lieu of the Capitol Cineplex closure and its prospective redevelopment see here ->
http://www.archiseek.com/content/showpost.php?p=43573&postcount=1128). Any redevelopment of Sullivans Quay will demand a superb architectural standard utilising the exceptional vista afforded down the soon-to-be renewed Grand Parade (designed by Beth Gali & Associates).
Also on the subject of Ascon Rohcon, who are now pushing further into development activity in Cork city centre, the group are linked to a holding on Albert Quay which adjoins the recently purchased Doyle Warehousing facility (0.5acres) sold recently to Howard Holdings for an estimated €9m to €10m.
Paul Kenny's proposal, designed by Wilson Architecture - no longer in the RC bid running.
McCarthy Developments' Centre Park Road proposal designed by Murray O'Laoire.
It is unfortunate that the 2 proposals depicted in the images above have not attained RC tenancy, from a city centre urban renewal perspective. However, does this mean the projects are lost entirely? Not necessarily. McCarthy Developments, who hold full planning on their proposal, may yet decide to proceed with it on a more 'independent' basis - as for the Kenny proposal, a number of options remain with this scheme, including a phased development or change of use of certain elements to create a more mixed use approach - should its appeal prove successful.