Developer O’Callaghan Properties has received approval from the Cork City Council to build a €90M office development in Cork, Ireland.
The development, known as Navigation Square, has been designed by architects Henry J Lyons and will involve the construction of 29,000sq m of office space.
The offices will incorporate energy efficiency standards and will have floor areas ranging between 2,000sq m and 650sq m. The four buildings will have a capacity to house up to 3,000 staff.
The development will also include 9,300sq m of basement parking over two levels, roof terraces, and two restaurants.
O’Callaghan Properties’ managing director Owen O’Callaghan said: “This is a very significant project that makes Cork city much more attractive for foreign direct and indigenous investment projects. The location is at the centre of public transport options and just a few minutes walk from the city centre.
“That will certainly appeal to the young employee demographic characteristic of enterprises in the new economy.”
Construction work is expected to commence early next year and will be completed by 2018. Around 350 jobs are anticipated to be created during the construction phase.
* Data provided by Timetric's Construction Intelligence Center.