Urban Outfitters to Breathe New Life into Cork’s St. Patrick’s Street
Table of Contents
- 1. Urban Outfitters to Breathe New Life into Cork’s St. Patrick’s Street
- 2. A Vibrant Addition to cork’s Retail Landscape
- 3. From dereliction to Destination
- 4. A Resurgence for Cork’s High Street
- 5. Looking Ahead: A Bright Future for Cork Retail
- 6. Cork’s Retail Scene booming with New Arrivals and expansions
- 7. Debenhams Space Eyed by Spanish Chain,Mango Thriving across the Road
- 8. Transformations on Opera Lane: Victoria’s secret and Bath & Body Works Take Over
- 9. Penneys Rolls Out Major Expansion Plan
- 10. Urban Outfitters Brings a Trendy Touch to Cork
- 11. What makes the arrival of Urban Outfitters a especially exciting addition to Cork’s retail landscape?
- 12. Urban Outfitters to Breathe New Life into Cork’s St. Patrick’s Street
- 13. Interview with Fiona Kelly,Head of Leasing,MC2
- 14. Fiona, congratulations on securing such a high-profile retail tenant for Cork. What makes Urban Outfitters a particularly exciting addition to the city’s retail landscape?
- 15. The former Dorothy Perkins building has been vacant for several years. What attracted you to this particular site for Urban Outfitters?
- 16. Can you tell us more about the extent of the refurbishment planned for the property?
- 17. With other new arrivals and expansions occurring on St. Patrick’s Street and Opera Lane, does this signify a wider resurgence for Cork’s city center retail scene?
- 18. What message would you like to send to Cork residents about the arrival of Urban Outfitters?
Cork is in for a retail refresh as American fashion chain Urban Outfitters prepares to open its first Irish store on St. Patrick’s Street. This exciting development will revitalize a long-vacant premises, bringing new life to a prominent location that has been empty for six years.
A Vibrant Addition to cork’s Retail Landscape
Urban Outfitters, known for its unique blend of own-brand clothing, vintage finds, and designer collaborations, will fill the void left by the closure of Dorothy Perkins-Evans in 2019. This flagship store, spanning 6,000 square feet across four floors, promises a distinctive shopping experiance for Cork residents and visitors alike.
From dereliction to Destination
The former Dorothy Perkins store, located between Gentleman’s Quarters and Dunnes stores, had fallen into disrepair after the collapse of the Arcadia retail group. However, recent weeks have seen a flurry of activity as workmen have given the building a much-needed facelift, preparing it for Urban Outfitters’ arrival.
The property, with a rental price of €230,000 per annum until recently, was reportedly acquired by financial advisory firm MC2 on behalf of undisclosed clients. The estimated sale price is between €1 million and €2 million, highlighting the significant investment in Cork’s retail future.
A Resurgence for Cork’s High Street
The arrival of Urban Outfitters adds to a growing wave of positive change sweeping through cork’s high street. Following a challenging period during the pandemic, the city centre has witnessed a resurgence of footfall and investment. Notable new arrivals include Flannels, JD Sport, Mountain Warehouse, North Face, Dune, Lovisa, Carrolls Irish Gifts, Krispy Kreme, and Neve/Diamond Direct.
the rejuvenation of Opera Lane, which is now operating at full capacity for the first time in five years, further underscores the city’s revitalization.
Looking Ahead: A Bright Future for Cork Retail
With a mix of established brands and exciting newcomers, Cork’s retail landscape is poised for continued success. The recent addition of Mango, who were awarded ‘Best Retail’ at the Cork better Building Awards in 2023, further demonstrates the city’s attractiveness to reputable retailers.
The arrival of Urban Outfitters, coupled with other anticipated openings such as SeaSalt in the former French Connection unit, promises to attract new shoppers and contribute to the vibrancy and economic growth of Cork city center.
Cork’s Retail Scene booming with New Arrivals and expansions
Cork’s city center is buzzing with retail activity as new stores open and existing brands expand, signaling a vibrant and evolving consumer landscape. This wave of change is impacting both traditional shopping streets and iconic locations like St. Patrick’s Street.
Debenhams Space Eyed by Spanish Chain,Mango Thriving across the Road
While Debenhams has remained closed since April 2020,speculation is rife about its future. Recent acquisitions and savvy retail moves suggest a promising new chapter for the prominent St. patrick’s Street property. investors connected to the Intersports/Elvery Sports retail chain purchased the premises in May 2023 for €12 million, handled by Cushman & wakefield.
Across the street, Mango continues to thrive, further solidifying its position as a retail hub.
Transformations on Opera Lane: Victoria’s secret and Bath & Body Works Take Over
Just a stone’s throw away on Opera Lane, two major brands have reshaped the retail landscape. Cushman & Wakefield facilitated the arrival of Victoria’s secret, formerly GAP, and Bath & Body Works, formerly Only, marking a significant shift in the area’s offerings.
Penneys Rolls Out Major Expansion Plan
Penneys, a beloved fast-fashion retailer, is gearing up for a major expansion of its flagship St. Patrick’s Street store. set to increase its footprint by nearly 50%, this enterprising project reflects the brand’s confidence in Cork’s retail market. The company has meticulously assembled the required block over the past decade, collaborating with O’Flynn Construction to realize this vision.
Urban Outfitters Brings a Trendy Touch to Cork
Adding to the diversity of the city’s retail scene,Urban Outfitters is set to open its doors soon. Caters to a niche market of “trend-aware tastemakers and aspirational teens,” Urban outfitters offers a curated mix of clothing, home goods, and accessories for men and women. This arrival comes as a welcome addition to Cork’s retail tapestry, especially amidst global trade tensions.
“The arrival of the American brand to Cork is a good news story at a time when US-induced trade wars are set to brew up a storm,” highlights the positive impact of international brands on the local market.
Cork’s retail landscape is undeniably evolving, with new brands introducing fresh perspectives and established players expanding their reach. This continued growth promises an exciting future for shoppers and businesses alike.
What makes the arrival of Urban Outfitters a especially exciting addition to Cork’s retail landscape?
Urban Outfitters to Breathe New Life into Cork’s St. Patrick’s Street
Interview with Fiona Kelly,Head of Leasing,MC2
Cork is buzzing with anticipation as Urban Outfitters prepares to open its first Irish store on St. Patrick’s Street. To delve deeper into this exciting development, we spoke to Fiona Kelly, Head of Leasing at MC2, the financial advisory firm involved in the acquisition of the property.
Fiona, congratulations on securing such a high-profile retail tenant for Cork. What makes Urban Outfitters a particularly exciting addition to the city’s retail landscape?
Thank you. We’re thrilled to welcome Urban Outfitters to Cork. They are a globally recognized brand with a unique aesthetic and a loyal following among younger generations. Their arrival will undoubtedly add a fresh and trendy edge to St. Patrick’s street, attracting a new wave of shoppers and contributing to the overall vibrancy of the area.
The former Dorothy Perkins building has been vacant for several years. What attracted you to this particular site for Urban Outfitters?
The location is simply unbeatable. St. Patrick’s street is the heart of Cork’s retail hub, with high footfall and a strong mix of established and emerging brands. Furthermore, the building itself boasts a significant size and generous floor space, perfectly suited to Urban Outfitters’ expansive retail concept.
Can you tell us more about the extent of the refurbishment planned for the property?
Urban Outfitters has aspiring plans to transform the building into a flagship store that reflects their brand identity.This will involve extensive interior and exterior renovations, creating a visually striking and inviting surroundings for shoppers. We’re confident the result will be a significant asset to the street.
With other new arrivals and expansions occurring on St. Patrick’s Street and Opera Lane, does this signify a wider resurgence for Cork’s city center retail scene?
Absolutely. The recent influx of new brands and the expansion of existing retailers are clear indicators of a thriving retail environment in Cork. The city has a strong retail culture, and we are seeing renewed investment and confidence in the sector, promising exciting times ahead.
What message would you like to send to Cork residents about the arrival of Urban Outfitters?
We believe Urban Outfitters will be a fantastic addition to Cork, offering shoppers a unique and exciting retail experiance.We encourage everyone to visit the store and discover its distinctive offerings.It’s a testament to Cork’s appeal as a vibrant and dynamic city, and we’re excited to be part of its continued success story.