New York-based skyscraper developer makes first Irish growth a breeze
The Prism Building, a new landmark project by Tower Holdings Group in downtown Cork, has officially been turned upside down.
The Lord Mayor of Cork, Cllr John Sheehan, joined Tower’s CEO Kevin O’Sullivan.
Cork City Council Secretary Ann Doherty and City Council Director for Strategic and Economic Development Fearghal Reidy were also present.
The Prism Building is Tower Holdings Group’s first development in Cork City and is located on City Island on the edge of the growing regeneration area for new docklands.
The Prism Building, designed by Cork’s Reddy Architecture + Urbanism and inspired by NYC’s famous Flatiron Building, will be the first of its kind in Ireland.
The tower is located on a triangular, abandoned wasteland with a floor area of only 310 square meters. It will be 15 stories high and offer class A office space with panoramic views over the city.
Kevin O’Sullivan, President and CEO of Tower Holdings, said, “We are delighted to have reached a point where we are now ready to embark on this exciting project.
“It’s the first for us in Cork, that makes it very special.
“We have selected an excellent and very experienced project team and the quality of the materials will certainly make it an outstanding development in Ireland.”
Ann Doherty added, “Cork is in a period of unprecedented economic development and investment with up to EUR 1 billion worth of office, hotel and apartment developments in the city center.”
Completion of the prism building is planned for the fourth quarter of 2021.
Tower Holdings also hopes to further develop its 34-story Custom House Tower with additional information documents presented to Cork City Council over the past few weeks.
Documents included an expression of the Marriott chain’s support for hotel development.
“The proposed development is likely to become a landmark in central Cork,” they said.
The letter said the development could support an upscale hotel chain.