Cork events centre subject to new tender process

A planned €50m conference and events centre for Cork will be subject to a new tendering process.

According to the Irish Examiner,  the new tender process follows the collapse of the first one, prompted by the last-minute withdrawal of potential operators Live Nation, which cited concerns over funding agreements and penalty clauses.

Two developers, Owen O’Callaghan and BAM/Heineken Ireland, both of which have planning permission for an events centre in Cork, had been in talks with Live Nation as they vied for a €10m government investment and up to €6m in city council funding.

However, the new tender process contains confirmation from City Hall for the first time that it was willing to invest €4m of public money in to the project. It is hoped the preferred tenderer and chosen site will be announced in November or December.

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