McKillen secures development rights for landmark Cork site
Property investor Paddy McKillen's Clarendon Properties has won the right to develop a major six-acre cite on Cork's quays.
Clarendon will develop the site, with potential for office, residential and leisure use, as part of a joint venture with construction firm BAM.
The site adjoins Kent Station on the north side of the River Lee.
Clarendon managing director Tony Leonard said the company had "a unique opportunity to regenerate this centrally located site with a mixed use development".
The property is owned by CIE, which said the development would provide a steady stream of income to fund its operations.
Clarendon is jointly owned by Mr McKillen and Tony Leonard.