The revitalisation of the Cork Docklands has received a major boost with confirmation by O’Callaghan Properties that it is to apply for planning permission for a €350 million project on the city’s South Docks, incorporating a hospital, office blocks and residential units.
Brian O’Callaghan, MD of O’Callaghan Properties, said the project, which has the potential to create 5,000 new jobs on completion, will involve a 1 million sq ft development on a 4.162-acre site at Kennedy Quay with the potential to transform the area into a major driver of economic activity.
Mr O’Callaghan explained that the project will involve building a 122,000sq ft, 130-bed private rehabilitation hospital, to be run by French healthcare company Orpea Group as well as 450,000sq ft of office space and 80,000sq ft of residential development.
The main office accommodation will be distributed among three buildings ranging in height from nine to 12 storeys while the new apartment development, comprising 80 “build to sell” apartments, will be contained within an 11-storey tower block, he said.
Mr O’Callaghan revealed that the project will also involve the restoration and re-purposing of the derelict Odlums Mills to create two seven- and nine-storey buildings incorporating some 84 one-, two- and three-bedroom apartments as well as a cinema, food hall and office space.
“South Docks has played a key role in the social and working life of Cork and has constantly evolved and changed. The area has moved from industrial use to the ‘new economy’ – our project not only facilitates that journey but creates a new focal point for the city, a new, sustainable amenity of scale,” said Mr O’Callaghan.
“This project provides compelling new options for FDI and indigenous investment and makes a very clear statement about the city and the business opportunities in optimal locations outside of Dublin, in the post-Covid and post-Brexit period,” he added.
“The South Docks location is also capable of making serious inroads into residential shortages in the city and we hope to provide over 2,000 homes on this site and we intend to submit a further planning application for these in the new year,” he said.
Regarding the first phase, Mr O’Callaghan said the Odlums building, which operated from 1933 until 2009, is not a simple structure but once it is stripped back and isolated, it does offer the opportunity for re-use and extension with little or no impact on the quality of the original structure.
He said that unlike modern grain storage silos, the Odlums building was designed along traditional 19th-century lines, with floors installed at regular levels with windows for ventilation and drying, and it was proposed to retain all of the historic fabric at the front, rear and side facades of the original building.
However, unlike the Odlums building, it was found that the nearby R&H Hall silos, which are 90 years old, are suffering from structural issues, which makes a viable re-purposing of them impossible to achieve, and O’Callaghan Properties will apply for permission to demolish them.
According to O’Callaghan Properties, a survey of the R&H Hall silos found that the 33.3-metre high buildings are constructed as a series of simple concrete walls with no independent structural frame though there are some internal supports involving steel beams and short columns.
“In essence, the silos are monolithic concrete structures bound together by a honeycomb of internal supports. If part or all of the internal grid of diaphragm walls is moved so as to facilitate alternative uses and to comply with current building standards, the entire structure becomes unstable.”
An O’Callaghan Properties spokesman said all the engineering and technical reports on the R&H Hall silos, which also detail deterioration in the concrete in the building, will be supplied to Cork City Council in support of the planning application and as a result will become part of the public record.
Meanwhile it was revealed that the rehabilitation hospital, which will be run by Orpea, will comprise 130 individual patient rooms and will provide stroke, acquired brain injury and general neurological rehabilitation. It will be only the second such dedicated facility in the country.
Emmanuel Masson, Orpea’s executive vice president of expansion and network development, said the company was pleased to be involved in the development, which will also include a dedicated outpatients’ day hospital as well as a gymnasium, occupational therapy suite and hydrotherapy pool.
“We believe the riverside location of the hospital will be a great advantage to patients and staff. In fact, the design of the hospital is configured so that each of the patients’ rooms will have a river view, which will underpin the positive healing environment we seek to create in each of our facilities.”
Tungsten Properties have signed a transformative €296m (£250m) JV funding agreement with BC Partners. The newly formed joint venture company will target single and multi-let industrial opportunities across the UK, which will range from last-mile to big box logistics warehouses with a GDV of greater than €29.6m (£25m). Tungsten Properties will act as asset and development manager for the joint venture. With a strong conviction in the underlying occupational fundamentals of the industrial warehousing sector, the joint venture has already identified a strong pipeline to initially seed the partnership.
Jeff Penman, managing director, Tungsten Properties said:“This is a significant step in Tungsten’s expansion strategy to continue to deliver industrial and warehouse space to create growth, jobs and investor returns. This transformational JV agreement with BC Partners will provide reliable capital to continue delivering strategically located, environmentally friendly buildings across the UK. While there is volatility in the capital markets, both Tungsten and BC Partners believe that the industrial market’s long-term fundamentals remain strong. With a fighting fund behind us, we look forward to securing further opportunities.”
Laurian Douin, partner, BC Partners said: “The UK industrial and warehouse sector has strong secular fundamentals. Given Tungsten’s strong track record and like-minded approach to development, we are thrilled to partner with them to jointly invest in this asset class. The joint venture intends to deliver well-located, exceptional schemes to meet occupier demand, with a particular focus on schemes’ environmental credentials in-line with BC Partners Real Estate’s commitment to ESG.”
Owning a property with a swimming pool might seem like one of life’s luxuries that is reserved for millionaires.
But, as our pick of homes for sale with swimming pools proves, you don’t have to have a multi-million pound property to have one.
That said, you may still need deep pockets for their upkeep, which can be costly, particularly if you want to keep your swimming pool heated to a comfortable temperature.
While water shortages and hosepipe bans are hitting the headlines, a pool that is already filled with water will not draw on resources but may be forbidden from being topped up by hosepipe in the case of a ban.
Our pick of four properties for sale with swimming pools are for various budgets, ranging from £1.1million to £190,000 (scroll down for more information about the house pictured)
Here, we take a look at four swimming pools at properties for those with a range of different budgets.
At the top end is a six-bedroom house in Ramsgate, Kent. with an acre of land that includes an outdoor swimming pool. It has a price tag of £1.1million.
At the other end is three-bedroom property in Ashington, Northumberland, with an empty indoor swimming pool and an asking price of only £190,000.
Daniel Copley, of Zoopla, said: ‘With Britain currently experiencing a heatwave, it’s no surprise that homes with swimming pools are proving to be increasingly popular.
‘Whether your budget is more in the deep or shallow end, some homes with pools may be more affordable than you think.
‘While the rise in energy bills will have a very real impact on those wanting to heat a pool, at this time of year a refreshing dip may be just what’s needed.’
Four properties with swimming pools…
1. Six-bed house, Ramsgate, £1.1m
The most expensive house in our list of properties with swimming pools is this £1.1million home in Ramsgate, Kent, which is being sold by Miles & Barr estate agents
The property is called Pond Cottage and it boasts a large outdoor swimming pool that has a curved slide at the side
Inside the property, the entertainment facilities continue – with a cinema room that has black chairs and a red carpet
Harworth Group plc has completed the sale of an eight-acre land parcel at Woodville, Derbyshire to Barwood Homes for the delivery of 73 new houses. This represents Harworth’s first transaction with the Northampton-based housebuilder. The land parcel forms part of a 53-acre regeneration site which is owned by Beepart Ltd, part of Dyson Group, the Sheffield-based former manufacturer of industrial materials. Harworth is promoting the site on its behalf through a Planning Promotion Agreement. In April 2022, South Derbyshire District Council granted outline consent for the creation of up to 300 homes on the site, in addition to a c.30,000ft² local center with convenience retail and leisure amenities and over 150,000ft² of employment space for a range of uses.
The wider site has been unlocked by the delivery of Derbyshire County Council’s Woodville to Swadlincote Regeneration Route, which opened to traffic in December 2021, providing better access to Swadlincote and traffic relief in Woodville, as well as improved connectivity across the site. Preparation works will commence shortly for the next phases of residential and employment land sales at the development.
Ed Catchpole, Regional Director for Yorkshire & Central at Harworth, commented: “This sale is a fantastic start to the development at Woodville and we are pleased to welcome Barwood Homes to the site, who will deliver high-quality new housing for the local community. Our focus is now on bringing forward the rest of the development, utilising our extensive experience in the remediation of complex sites, including earthworks and infrastructure, to ready the remaining residential and employment land.”
Luke Simmons, Managing Director of Barwood Homes, added: “We are delighted to be working alongside Harworth on this exciting development. The team is looking forward to engaging with the local community as we gear up to deliver a scheme of excellent quality in design, build and service.”
Gavin Rosson, Managing Director of Dyson Group, added: “This first sale of a residential portion of the site is an important step in unlocking the full development potential of the whole, something we have been trying to achieve for many years. Such development will help regenerate Woodville and the surrounding area, somewhere we have had a presence since 1967 and are delighted to participate in.”