27 November 2016:

An ambitious €241m development plan has been revealed for University College Cork.

The multifaceted plan will cover student accommodation, medical research and hospital facilities, a science park, a clinical medical school, and investments at partner hospitals in Waterford, Kerry and Tipperary.

Some €64m of the investment will go into new student accommodation projects.

There will be a €37m investment to build the new Cork University Dental School, Research Centre and Hospital.

Around €27m will be used to fund western campus development, including the Cork Science and Innovation Park and outdoor sports facilities.

More than €90m will be spent on the new Student Hub, ICT services, facilities upgrade, refurbishment and building extensions, as well as flood remedial works and Western Gateway building infrastructure.

Under the plan, €23m will be used to fund a new Clinical Medical School for the Cork University Hospital, associated research and health innovation activity.

The funding will also help to facilitate a €10m investment across University Hospital Waterford, University Hospital Kerry and South Tipperary General Hospital.

The total development programme is valued at €241m, with EIB providing €100m finance, and further funding obtained through capital grants, borrowings and philanthropy.

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