{"id":587491,"date":"2026-08-09T00:28:10","date_gmt":"2026-08-09T00:28:10","guid":{"rendered":"https:\/\/www.newsbeep.com\/ie\/587491\/"},"modified":"2026-08-09T00:28:10","modified_gmt":"2026-08-09T00:28:10","slug":"cork-airport-road-commercial-sites-on-market-for-combined-e4m-pricetag","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ie\/587491\/","title":{"rendered":"Cork Airport Road commercial sites on market for combined \u20ac4m pricetag"},"content":{"rendered":"<p class=\"contextmenu internal_Body1st\">Two high-profile commercial development sites on Cork city\u2019s <a target=\"_blank\" rel=\"noopener noreferrer nofollow\" href=\"https:\/\/www.echolive.ie\/corknews\/arid-41891836.html\"> Airport Rd <\/a> with planning consent for a hotel and a neighbourhood centre have come to market with a combined guide price of \u20ac4.05m.<\/p>\n<p class=\"contextmenu Body Body\">Both properties are being sold by a consortium led by developer Denis McBarron who is progressing the residential element of a wider mixed-use scheme approved by planners in 2023.<\/p>\n<p class=\"contextmenu Body Body\">While the entire site measures 7.23 acres, the two lots now up for grabs include:<\/p>\n<p class=\"\">A 1.5a site with full planning permission for a 158-bedroom hotel, with offers sought in excess of \u20ac1.5m;<\/p>\n<p class=\"\">A 13,100sq ft (1,217sq m) neighbourhood centre, which will be delivered to grey shell standard, guiding at \u20ac2.55m.<\/p>\n<p class=\"contextmenu Body Body\">Savills director Peter O\u2019Meara said the hotel site is generating interest among a range of asset classes.<\/p>\n<p class=\"contextmenu Body Body\">\n            \u201cWhile the site has permission for a hotel, we think it would suit a variety of uses and we are seeing interest from healthcare operators, car dealership operators, and hotel operators,\u201d\u00a0\n        <\/p>\n<p class=\"contextmenu Body Body\">Mr O\u2019Meara said.<\/p>\n<p class=\"contextmenu Body Body\">Its proximity to Cork airport, combined with strong demand for hotel beds in the city, should make it attractive to hotel operators. Mr O\u2019Meara said it is also suitable for a trade warehouse.<\/p>\n<p class=\"contextmenu Body Body\">Interest in the three-storey neighbourhood centre with planning permission for a restaurant, shop, gym, dentist, physio, and hairdressers, is coming primarily from owner occupiers. Mr McBarron will complete the centre to grey shell standard leaving the buyer to proceed with the permitted scheme or seek a change of use.<\/p>\n<p class=\"contextmenu Body Body\">Both commercial sites are part of a larger 7.23-acre landbank purchased by the McBarron-led consortium in 2018 for an undisclosed sum, after it guided at \u20ac3m.<\/p>\n<p class=\"contextmenu Body Body\">Mr McBarron was granted permission for a mixed-use development in 2023, including the 158-bed hotel, neighbourhood centre, and 121 residential units.<\/p>\n<p class=\"contextmenu Body Body\">Site clearance began late last year, with construction of the residential element due to proceed across 20 blocks, mostly three-storey apartments\/duplex units, spread over 4.5 acres.<\/p>\n<p class=\"contextmenu Body Body\">The scheme is being delivered in partnership with approved housing body Cl\u00faid, with homes to be provided under a cost-rental model.<\/p>\n<p class=\"contextmenu Body Body\">The landbank was once part of an 11.5-acre charitable bequest by gentleman farmer Sidney Northridge to St Luke\u2019s Home in Mahon.<\/p>\n<p class=\"contextmenu Body Body\">In 2006, the 11.5 acres were put up for auction and achieved a whopping \u20ac27.5m \u2014 or \u20ac2.4m per acre. The sale included 7.23 acres on one side of Kinsale Rd\/Airport Hill and 4.4 acres across the road. Neither site was developed due to the financial crash. Mr McBarron later acquired the 7.23-acre site.<\/p>\n","protected":false},"excerpt":{"rendered":"Two high-profile commercial development sites on Cork city\u2019s Airport Rd with planning consent for a hotel and a&hellip;\n","protected":false},"author":2,"featured_media":587492,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[72,6949,79,61,60],"class_list":["post-587491","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-business","tag-cork-airport","tag-cork-news","tag-ie","tag-ireland"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/587491","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/comments?post=587491"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/587491\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media\/587492"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media?parent=587491"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/categories?post=587491"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/tags?post=587491"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}