“Yes, Covid has had an impact on how people work but we are not talking about what happened in in Cork when Fords and Dunlops closed down in the 1980s or what happened in the last recession - we have a really strong market share in big clusters of companies and that’s not going to change.
“And those companies will attract others - years ago, for example, when you did a degree in IT in Cork, you went to Apple or EMC whereas now there are 19 companies in Cork in that space and it’s the same with the life sciences so we have really strong clusters that will attract people.” While most of the 100,000 or square metres of office space in planning has been built out to date, some developments remain to be completed including two blocks being developed by O’Callaghan Properties at Navigation Square onMs Doherty instanced the Prism Building, which is being developed byHoldings, who are also building a 34 storey hotel on the Port of Cork site, as an example of an office development being tailored for a diverse market, aiming to attract smaller companies to a city centre...
“The Prism is Tower Holdings Group’s first development in Cork - it takes its inspiration from the famousin New York - it’s a 15 storey high development and will act as a gateway between the city centre and the new business district in the docklands. “It will comprise 6,000 square metres of office space designed for small occupation and will cater for the bespoke demands of foreign direct investment companies and local blue chip indigenous companies and speaking to the developers, they are fully committed to it.”
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