7.1 | City Centre Consolidation and Regeneration
The following summary tables refer to strategic housing and regeneration areas identified to date for the CorkMASP as an indication of existing strategic initiatives and locations, noting that many function as dynamic mixed-use locations. A comment on key infrastructure requirements is also provided.
Strategic Residential (including mixed uses) and Regeneration Areas
Location
Brief Description and Indicative Residential Yield: Yields are indicative only, will be revised in the context of compact growth targets, departmental guidelines and development plans. The city centre is a vibrant mixed- use area made up of the commercial core area largely centred on the island and the adjacent historic areas such as Shandon and the South Parish. The City Centre is a growing vibrant location, with a 20% increase in population and a 10% increase in new businesses, and is supported as a vibrant living location
Infrastructure Priorities subject to required appraisal, planning and environmental assessment processes
City Centre
As per Chapter 3 Objective on investment for hol i st ic infrastructure for metropolitan areas.
Of particular note: •
Upgrade and development of inner-city parks including Bishop Lucey Park, develop urban amenity areas, green spaces including linear amenity areas that optimise the waterfront setting, public realm upgrades to city centre streets and pedestrian access to create an attractive environment for increased numbers of residents and workers. Acquisition of strategic inner-city sites to facilitate regeneration of vacant and underutilised areas. Mechani sms to promote redevelopment of strategic city blocks and the upgrading and reuse of existing buildings. Investment in retrofitting infrastructure and services (physical, social and recreational) to improve quality of life for communities.
It has a Level 1 Retail Role.
Globally, city centres are increasingly sought-after as the locations of choice for investors for combined living, working and high quality of life opportunities. Cork City is the key economic driver at the heart of the metropolitan area. employment potential from e.g. offices (capacity of permitted developments tbc) and hotel development (900 additional hotel beds due for delivery Potential Residential Yield: 1014 Plus, significant
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Southern Regional Assembly | RSES
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