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Untitled - Cork City Council

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<strong>Cork</strong> Strategic Retail Study<br />

pressure to allow more suburban development than we have indicated might be<br />

appropriate, because the <strong>City</strong> centre projects were delayed and could not meet market<br />

demand. This, after all, was the original planning justification for Mahon Point.<br />

6.58 Current commitments and proposals in the core retail area of the city are likely to be<br />

implemented within the next few years. After that there could be a lead-in time of up to<br />

five years whilst the next phase of <strong>City</strong> centre retail developments are brought forward.<br />

In order to ensure that the Suburban District centres do not expand further at the<br />

expense of the city centre we advise that the guideline floorspace targets for the<br />

District centres are not exceeded under any circumstances without a full review of the<br />

retail strategy set out in this report.<br />

6.59 The transport implications of new suburban development will need to be considered<br />

and will be a factor in the phasing of such new development. As well as individual<br />

impacts the overall transport impacts will need to be considered.<br />

6.60 Further significant expansion or redevelopment of the District Centres should be<br />

supported by a detailed traffic and transport assessment based on a substantive traffic<br />

modelling exercise. Traffic and Transport Assessments should contain proposals for<br />

improvements to the current road network, public transport, pedestrian and cycle<br />

facilities and demand management measures, to help deliver sustainable development<br />

throughout the network of district centres.<br />

6.61 A combination of public and private funding will be required to implement transport<br />

solutions and mitigation measures for traffic impact.<br />

6.62 In conclusion, retail development, in particular in the suburban District Centres, will<br />

need to include comprehensive transport solutions for each centre and an agreed and<br />

funded implementation plan in line with the provisions of the relevant Development<br />

Plans/Local area Plans.<br />

Specialist Retail Formats<br />

Retail Warehousing<br />

6.63 Currently we estimate that there is some 89,000 square metres (gross) of retail<br />

warehousing in both new, purpose-built premises and first generation converted space.<br />

Some three quarters is in the suburban centres and the outer metropolitan area. There<br />

are outstanding commitments for an additional 26,415 square metres, the largest<br />

scheme being Eastgate on Little Island.<br />

6.64 <strong>Cork</strong> was late in attracting market investment in retail warehousing but caught up<br />

rapidly by 2007. At the present time this sector of retail activity achieves a 13% market<br />

share. It would be appropriate to plan for up to a 15% share.<br />

6.65 There are market indications that this recent surge in development may have served to<br />

enable <strong>Cork</strong> to catch up with the backlog of unmet demand. However, there will still be<br />

a continuing demand for retail warehouse provision, especially in response to a rapidly<br />

growing population and major urban developments.<br />

6.66 By 2020 an additional 93,440 square metres or so might represent a reasonable<br />

planning guideline for additional development. It should be noted that this is a net<br />

sales figure. The equivalent gross floorspace total would amount to some 104,000<br />

square metres (rounded), assuming a net to gross floorspace ratio of 90%.<br />

6.67 Over the last five years the focus of investment interest has been the suburbs of <strong>Cork</strong><br />

and the inner fringe of the OMA. We envisage that the market in time will wish to bring<br />

forward sites serving the greatest growth in population in both the short and medium<br />

term and move away from the currently well-supplied suburban market. Reflecting the<br />

projected location of new development we recommend the following distribution of<br />

future retail warehouse floorspace (in terms of gross floorspace):<br />

Roger Tym & Partners with Simon Clear & Associates<br />

March 2008 49

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