If Cork builds it, will they come?

The absence of cranes on Cork’s skyline is in stark contrast to Dublin, but why are developers slow to commit to the southern capital? Jonathan Healy reports

Brian O’Callaghan, who says interest in the Albert Quay project has been significant Picture: Cathal Noonan

For the late Owen O’Callaghan, it was supposed to have been part of his legacy to his home city of Cork. A developer who had largely weathered the economic storm, O’Callaghan put forward an ambitious proposal to build a 6,000-seater event centre on Albert Quay that would be big enough to rival Dublin’s Three arena. At a cost of €50 million, it was to rejuvenate the area and deliver a massive return to ...