Blackpool Shopping Centre: Munster’s Retail Destination
- Here's a summary of the key data from the provided text about Blackpool Shopping Center in cork:
- * Recent Acquisition: The shopping centre and retail park were bought in September 2024 by an Irish property investment firm in a joint venture with Patron Capital for...
Here’s a summary of the key data from the provided text about Blackpool Shopping Center in cork:
* Recent Acquisition: The shopping centre and retail park were bought in September 2024 by an Irish property investment firm in a joint venture with Patron Capital for just under €50 million.
* Positive Performance: Footfall at the Blackpool Retail Park is up 8% as the acquisition. Occupancy is high – only one of 19 units is vacant. The shopping centre itself has only 5 vacant units out of 45.
* New Tenants: Several new businesses have recently opened at Blackpool, including:
* Eason (replacing New Look)
* Hugmie (tech repair)
* Kerry Hanaphy Aesthetics (cosmetic clinic)
* Jysk (Danish homestore)
* Lease Renewals: Cardfactory, Holland & Barrett, and soundstore have all renewed their leases.
* Future Plans: The owners have “aspirations to expand the offering” and see potential in Blackpool as Cork City’s only northside shopping centre. They are using the Douglas Court upgrade as a model for advancement.
* Past context: A photo from 2000 shows the opening of Dunnes Stores in the centre, attended by local dignitaries.