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Cork City’s Penrose Dock In Line For €125m Redevelopment

12th September 2018
An artist’s impression of the completed Penrose Dock development An artist’s impression of the completed Penrose Dock development Photo: Wilson Architecture

#CorkHarbour - The Evening Echo reports that Penrose Dock is the latest office development project to be greenlit for Cork’s city centre docklands.

Located adjacent to the Horgan’s Quay project launched a year ago, the proposal by John Cleary Developments will see 250,000 sqft of office space on a nearly two-acre site on Penrose Quay — where a ‘tall ship hotel’ could be moored later this year.

A ‘townhall space’ plus a café and underground parking are included in the Penrose Dock plans, which also seek to retain the historic Penrose House building on the quayside.

The announcement comes shortly after Property Week highlighted Cork — and Dublin — as an as-yet-untapped opportunity for waterfront regeneration.

“Cork’s docklands have been described as the last great undeveloped urban landbank in Ireland,” writes Richard Hook in his analysis of a growing list of redevelopment plans in the city and wider Cork Harbour area.

Published in Cork Harbour
MacDara Conroy

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MacDara Conroy

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MacDara Conroy is a contributor covering all things on the water, from boating and wildlife to science and business

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It’s one of the largest natural harbours in the world – and those living near Cork Harbour insist that it’s also one of the most interesting.

This was the last port of call for the most famous liner in history, the Titanic, but it has been transformed into a centre for the chemical and pharmaceutical industry.

The harbour has been a working port and a strategic defensive hub for centuries, and it has been one of Ireland's major employment hubs since the early 1900s. Traditional heavy industries have waned since the late 20th century, with the likes of the closure of Irish Steel in Haulbowline and shipbuilding at Verolme. It still has major and strategic significance in energy generation, shipping and refining.

Giraffe wander along its shores, from which tens of thousands of men and women left Ireland, most of them never to return. The harbour is home to the oldest yacht club in the world, and to the Irish Navy. 

This deep waterway has also become a vital cog in the Irish economy. 

 

‘Afloat.ie's Cork Harbour page’ is not a history page, nor is it a news focus. It’s simply an exploration of this famous waterway, its colour and its characters.

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