Mahon Point 2.0 Plans Unveiled – Major Expansion Proposed for Mahon Point in Cork, creating 1,900 jobs

A significant new chapter for Mahon and Cork city has been unveiled today with the imminent submission of a planning application for a landmark mixed-use, demand-led development at Mahon Point Shopping Centre. 

Envisioned as a vibrant, sustainable community hub, the project named Mahon Point 2.0, will bring 251 much-needed new homes, enhanced civic amenities and social spaces, integrated transport infrastructure, and new retail and office offerings to the area, on what was a brownfield site.

Set to generate a long-term economic and social boost, the project will be delivered on a phased basis and is expected to create 1560 new permanent jobs (inc 581 by office occupier), alongside 365 jobs during construction.

At the heart of Mahon Point 2.0 is a vision shaped by the 15-minute city model – enabling residents to live, work, shop, and socialise within walking or cycling distance. The development includes:

    • 251 apartments, thoughtfully designed for a range of household sizes, with access to open space, play areas, and recreational amenities
    • A purpose-built crèche supporting 64 child spaces
    • A new market square and civic plaza to host the Mahon Point Farmers Market, public events and community activities
    • 13,000 sqm new demand-led retail space
    • A new office block offering over 70,000 sq ft of workspace
  • Multi-storey Car Park with 704 spaces

The proposed scheme, designed by award-winning Irish architects, Henry J Lyons Architects, aligns with the National Planning Framework 2040 and Cork City Development Plan 2022-2028, supporting compact urban growth, sustainable transport, and high-quality placemaking.

Transport and sustainability are central to the design. The scheme includes enhanced pedestrian and cycle infrastructure, segregation from vehicle traffic via an underpass, and future-proofed connectivity for light rail (Luas-style) and BusConnects services. Land has also been reserved for a future light rail terminus and associated facilities.

Justin Young, Centre Director at Mahon Point Shopping Centre, said, “For the last 20 years, Mahon Point Shopping Centre has been the heart and meeting place for Mahon’s community and the wider region. We are excited to present Mahon Point 2.0, a demand-led expansion that enhances Mahon for everyone and looks forward to the next 20 years. 

“By placing homes, sustainable transport, and civic amenities at the core of this vision, we hope to create a new chapter in Cork’s growth that reflects community values as much as economic ambition.”

Peter O’Meara, Director at Savills Ireland, said, “Cork is emerging as an international centre of scale, with a projected population growth of 50-60% by 2040. With strong demand across residential and retail sectors, this development answers the call for high-quality, integrated spaces that serve both current and future generations.”

Hendrik Höppner, Asset Manager Retail International at Deka Immobilien, the long-term investor behind Mahon Point, said, “Deka Immobilien has proudly supported Mahon Point since 2005, and we remain deeply committed to Cork and Ireland for the long term. This project reflects our belief in Mahon’s potential as a leading urban centre, combining quality of life, economic opportunity, and sustainable planning. With over €1.5 billion invested in Ireland since 2015, and a global real estate portfolio of more than €55 billion, we are proud to continue working with partners here in Cork to shape vibrant, future-proof communities.”

Members of the public are invited to attend a Public Information Event on the proposed Mahon Point 2.0 development, taking place on Tuesday, 8th July from 4pm to 7pm in the Community Room at Mahon Point Shopping Centre. This drop-in event will give local residents, businesses and stakeholders the opportunity to learn more about the plans, meet the project team, and ask questions in an informal setting.

To find out more about the Mahon Point 2.0 proposed expansion plans, visit the dedicated website at: www.mahonpointexpansion.ie

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