Cork City Centre Strategy FEBRUARY 2014 COLLIERS INTERNATIONAL CORK CITY COUNCIL WITH BRADY SHIPMAN MARTIN BJERKNE & CO COLLIERS INTERNATIONAL Company registered in Ireland no. 20138 Registered office Hambleden House, 19 – 26 Lower Pembroke Street Dublin 2 Tel: +353 (0) 1 633 3700 www.colliers.com CONTACT Roger Hobkinson Director | Destination Consulting T: +353 (0) 1 633 3759 M: +355 (0) 87131 6764 E:
[email protected] David Geddes Principal Consultant | Destination Consulting T: +44 (0) 20 7344 6582 M: +44 (0) 7801 654 709 E:
[email protected] Version Control Status FINAL UPDATE Project ID 13977 Filename/Document ID 1397720CorkCCStrategy UPDATE 210214.docx Last Saved 13 March 2014 Owner Roger Hobkinson & David Geddes Director Roger Hobkinson Approved by Roger Hobkinson Date Approved FEBRUARY 2014 COLLIERS INTERNATIONAL 2 of 60 Cork City Centre Strategy: Summary Report TABLE OF CONTENTS 1 HEADLINES 4 2 A FRESH VISION 8 2.1 A HEALTHY HEART FOR THE CORK REGION 8 2.2 CITIES DRIVE ECONOMIC DEVELOPMENT 9 3 THE BIG PICTURE 11 3.1 REBALANCING ECONOMIC ACTIVITY 11 3.2 THE CORK CITY CONTEXT 12 3.3 KEY ISSUES 17 4 RECOMMENDED STRATEGY 19 4.1 A HEALTHY HEART STRATEGY 19 4.2 CHARACTER AREAS 20 4.3 OFFICE 27 4.4 RETAIL 29 4.5 VISITOR ECONOMY 33 4.6 RESIDENTIAL 34 5 ACTION PLAN 37 5.1 READY FOR ACTION 37 5.2 IMPROVEMENT 37 5.3 MARKETING 46 5.4 MANAGEMENT 49 5.5 PRACTICAL INITIATIVES 51 6 CONCLUSIONS 56 6.1 RECOMMENDATIONS 56 6.2 DELIVERY 57 COLLIERS INTERNATIONAL 3 of 60 Cork City Centre Strategy: Summary Report 1 HEADLINES SITUATION The ambition of this Cork City Centre Strategy is to help deliver a healthy heart for the Cork Region and the south of Ireland that helps grow the Irish economy.