The intensification of purpose-built student accommodation in Cork is accelerating near UCC

PLANNING permission has been granted for another large student accommodation complex of around £30million and 243 beds at Cork City’s Victoria Cross, on a former garage site which has been sold for £4 .1 million euros.

It comprises several blocks, including a ten-story one, facing UCC’s ongoing 255-bed Crow’s Nest facility, under advanced construction with Sisk and which itself comprises four seven- to nine-story blocks, in the shadow of 16-story County Hall.

It marks an additional high-density concentration of purpose-built student apartments and beds just west of UCC’s main campus, in a quadrant of the city where UCC itself will control up to 1,500 beds and more.

This is also where the private/investor sector continues to roll out several thousand additional student beds, in locations such as Western Road, Bandon Road, Farranlea Road, Carrigrohane Road (with over 600 units under consideration on the former Coca Cola bottling factory) and in South Main Street on the former site of Beamish & Crawford near the long-awaited events centre, and the Counting House office project which has just been completed by BAM.

This latest student accommodation site, in Victoria Cross, is to be delivered by Séamus and Pádraig Kelleher of Bellmount Developments, owners of a successful motor tire network and who acquired this site from Honda dealership Pat Quinlan through agent Matt Fallon for more than 4 million euros.

The Kelleher brothers also have an adjacent site across Orchard Road on Victoria Cross Road with planning in place for a 137-bed development, in three blocks with a maximum height of five storeys.

Together they now have the ability to add 380 student beds to the immediate area.

This site had been a tire depot for the past few years, and before that was owned by a banana and fruit import company as a depot.

This former Honda garage site, recently used as a tire depot (and which does not include the former Wylam Chinese restaurant), was designed by architects Butler Cammoranesi from Cork.

Also adjacent are developments such as Victoria Cross and Victoria Mills, with previous developers of such projects well established including Fleming Construction and Paul Montgomery.

More recent arrivals of large-scale players (excluding UCC itself which acquired several sites with planning or once built) include the likes of Uninest with three sites (Brewery Quarter/Lee Point, Melbourn Point by MTU and the completed Amnis House on Western Road) as well as Round Hill Capital and NBK Capital Funds.

Among the more local operators are Denis O’Brien Developments / ScholarLee, who won their Bord Pleanála planning grant for a 216 bed / 30 flat development on Orchard Road near Victoria Cross returned to the High Court by residents premises, Orchard Road and Grove Planning and Environmental Protection Group, late last year.

This disputed plan concerns a five-storey development on the site of a private house called San Paula, sold by former owner Catherine Neville in 2018 for 1.9 million euros, and where plans for nine high-end detached houses range worth €1 million or more each have been dumped at the San Paula site in favor of the 216-bed project, currently relying on a High Court judgment.

The sales agent for the Kelleher/Quinlan site in Victoria Cross Road, which has now passed the planning process, Matt Fallon, said he understood Bellmount Developments intended to develop it themselves, but they are some to have buy openings from other operators/dedicated funds, if not from UCC itself.

  • Meanwhile, that massive £4.1million sale at the Cork suburban site to Bellmount Developments has just been eclipsed by the same auctioneer in a £5.8million deal. euros – only in this case it is a pig farm. Mr Fallon has confirmed the sale of a 200-acre, two-block farm near Bansha, Co Tippeary.

The former dairy farm with extensive pig units was sold in the name of Glen of Aherlow Cooperative after the dairy herd dispersed and it was bought by Ireland’s largest pork processing company, Rosderra Irish Meats.

DETAILS: Matt Fallon Real Estate Partners 021-4277877.

PLANNING permission has been granted for another large student accommodation complex of over £30m and 243 beds at Cork’s Victoria Cross, on a former garage site which sold for £4.1 millions of euros.

It comprises several blocks, including a ten-story one, facing UCC’s ongoing 255-story Crow’s Nest facility, under advanced construction with Sisk and which itself comprises four blocks seven to nine floors in the shadow of County Hall.

It marks an additional high-density concentration of purpose-built student apartments and beds just west of UCC’s main campus, in a quadrant of the city where UCC itself will control up to 1,500 beds and more.

This is also where the private/investor sector continues to roll out several thousand additional student beds, in locations such as Western Road, Bandon Road, Farranlea Road, Carrigrohane Road (with over 600 units under consideration on the former Coca Cola bottling factory) and in South Main Street on the former site of Beamish & Crawford near the long-awaited events centre, and the Counting House office project which has just been completed by BAM.

This latest student accommodation site, in Victoria Cross, is to be delivered by Séamus and Pádraig Kelleher of Bellmount Developments, owners of a successful motor tire network and who acquired this site from Honda dealership Pat Quinlan through agent Matt Fallon for more than 4 million euros.

The Kelleher brothers also have an adjacent site across Orchard Road on Victoria Cross Road with planning in place for a 137-bed development, in three blocks with a maximum height of five storeys.

Together they now have the ability to add 380 student beds to the immediate area. This site had been a tire depot for the past few years, and before that was owned by a banana and fruit import company as a depot.

This former Honda garage site most recently used as a tire depot (and which does not include the former Wylam Chinese restaurant) was designed by architects Butler Cammoranesi of Cork. Also adjacent are developments such as Victoria Cross and Victoria Mills, with previous developers of such projects well established including Fleming Construction and Paul Montgomery.

More recent arrivals of large-scale players (excluding UCC itself which acquired several sites with planning or once built) include the likes of Uninest with three sites (Brewery Quarter/Lee Point, Melbourn Point by MTU and the completed Amnis House on Western Road), as well as Round Hill Capital and NBK Capital Funds.

More local operators include Denis O’Brien Developments / ScholarLee, who won their Bord Pleanála planning grant for a 216 bed / 30 flat development on Orchard Road near Victoria Cross returned to the High Court by local residents , the Orchard Road and Grove Planning and Environmental Protection Group, late last year.

This disputed plan concerns a five-storey development on the site of a private house called San Paula, sold by former owner Catherine Neville in 2018 for 1.9 million euros, and where plans for nine high-end detached houses range worth €1 million or more each have been dumped at the San Paula site in favor of the 216-bed project, currently relying on a High Court judgment.

The sales agent for the Kelleher/Quinlan site in Victoria Cross Road has now passed the planning process, Matt Fallon, said he understands Bellmount Developments intends to develop it itself: but, they are certain to have purchase openings with other operators / dedicated funds, if not from the UCC itself.

Meanwhile, that massive £4.1million sale at the Cork suburban site to Bellmount Developments has just been eclipsed by the same auctioneer in a £5.8million deal. euros – only in this case it is a pig farm.

Mr Fallon has confirmed the sale of a 200-acre, two-block farm near Bansha, Co Tippeary.

The former dairy farm with extensive pig units was sold in the name of Glen Of Aherlow Cooperative after the dairy herd dispersed and it was bought by Ireland’s largest pork processing company, Rosderra Irish Meats.

DETAILS: Matt Fallon Estate Partners 021-4277877.

About Michael B. Billingsley

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