Work has begun on the €160m apartment development in Cork city’s docklands.
The first large-scale development of its kind for Horgan’s Quay, Phase 1 of construction commenced on January 17 2024.
This phase sees the construction of a seven to nine-storey building offering 192 apartments.
As well as the new homes, the building will provide residential amenity areas, a management suite, a creche and two retail units all on the ground floor.
Work also began on a covered car park and ancillary rooms such as an ESB station, switch rooms, comms room, generator room, plant rooms, car parking, bicycle parking and communal bin stores.
A protected structure, The Station Masters Building, is also set for refurbishment to provide garden space for residents.
The development will deliver 302 apartments in total by the end of 2025.
Although planning permission had been granted in November 2019, the BAM Ireland and Clarendon project was hit with a series of delays due to rising construction costs.
Last December, the Land Development Agency (LDA) swung in behind the project to kickstart construction.
This manoeuvre is a part of Project Tosaigh, an initiative which frees land with full planning permission “that is not being developed by private sector owners due to financing and other constraints” in the hopes of accelerating the supply of affordable housing.
Most apartments will now be made available at cost-rental, which is 25% lower than the regular local market rate.
Feature Image Credit: Larry Cummins