Cork city land offer at €2.6m is set between two development sites for over 1,000 homes
![Cork city land offer at €2.6m is set between two development sites for over 1,000 homes Cork city land offer at €2.6m is set between two development sites for over 1,000 homes](/cms_media/module_img/7655/3827587_4_articlesmall_Arderrow_2c_20Ballyvolane_2c_20Cork2.jpg)
Arderrow lands, Ballyvolane, have €2.6m guide and can be bought in lots
![CGI image of the 753-unit housing estate, Longview, proposed for Ballyvolane, on the northside of Cork city CGI image of the 753-unit housing estate, Longview, proposed for Ballyvolane, on the northside of Cork city](https://www.irishexaminer.com/cms_media/module_img/7655/3827572_4_articleinline_Ballyvolane_203.jpg)
Longview is headed by John Crean, and backed by investment fund Temporis Capital, and is cleared for a mix of 531 houses and 222 apartments, on lands acquired in two tranches over six years ago by Longview. It has a 10-year planning grant as part of the strategic Ballyvolane urban expansion plans under strategic, long-term Cork Local Area Plans. Total development value here is likely to be north of €200m.
When 53 acres also at Arderrow went for sale in February 2022 there was speculation reported that Longview’s lands might be sold in a quiet deal put at around €20m, but has not been sold. The 53 acres offered in February 2022 had a €3.2m AMV via agents CBRE and ERA Downey McCarthy, and had 47.55ac set for tier 3 residential zoning and 5.65ac zoned open space.
![An aerial view of the separate lots of land, totalling 53 acres, put for sale in the townland of Arderrow, near Ballyvolane last year. It is not yet sold An aerial view of the separate lots of land, totalling 53 acres, put for sale in the townland of Arderrow, near Ballyvolane last year. It is not yet sold](https://www.irishexaminer.com/cms_media/module_img/7655/3827575_4_articleinline_ERA_Arderrow.jpg)
Alongside this latest offer to the west is the new 275 home development Arderrow, commenced by O’Flynn Group on a 7.5ha site, just 3km north of Cork city centre: The O’Flynn scheme approved under a strategic housing development (SHD) process is for 205 houses and 70 apartments.
![Aerial photo of the proposed site for the 275 unit O'Flynn Group housing development in Arderrow, Ballyvolane,. Picture Damian Coleman Aerial photo of the proposed site for the 275 unit O'Flynn Group housing development in Arderrow, Ballyvolane,. Picture Damian Coleman](https://www.irishexaminer.com/cms_media/module_img/7655/3827578_4_articleinline_DC_2021-1-22_20O_20Flynn_20Construction_20Co._20propose_20a_20275_20unit_20residential_20strategic_20housing_20development_20in_20Ballyvolane-3.jpg)
Site works have recently commenced on the two adjacent developments “with a recent announcement of significant infrastructure work being delivered by Housing Infrastructure Services Company (HISCo) a commercial joint venture between Cork County Council and the Ireland Strategic Investment Fund (ISIF) to enable the development to commence,” say the selling agents of this €2.6m offer, in one or more lots.
![Arderrow lands at Cork's Ballyvolane being sold by Lisney Arderrow lands at Cork's Ballyvolane being sold by Lisney](https://www.irishexaminer.com/cms_media/module_img/7655/3827590_2_articleinline_Arderrow_2c_20Ballyvolane_2c_20Cork3_202.jpg)
They have different zonings in the Cork City Development Plan 2022-2028, with 6.5ac (2.63ha) zoned “district centres” to provide for the development and enhancement of district centres as mixed-use centres and as primary locations for retail, economic and residential growth. The second zoning is on a slightly smaller parcel, 5.6ac (2.26ha) which is zoned “institutions and community”, to provide for and protect institutional and community uses:combined price for these on c 12 acres is €1.95m.. The balance of the land, about 15ac or 6.48ha is zoned “public open spaces”, guided at €650,000.
![Further CGI image of the 753-unit housing scheme proposed by Longview Estates Further CGI image of the 753-unit housing scheme proposed by Longview Estates](https://www.irishexaminer.com/cms_media/module_img/7655/3827581_4_articleinline_ballyvolane.jpg)
- Lisney 021 -4275079.