Life Sciences: Why Cork? — top 14 reasons to settle in Cork
At a 2018 ‘Why Cork?’ property showcase hosted in London, Cork Chamber and estate agents Savills cited 14 developments which have greatly added to Cork’s appeal.
A useful update for Irish people living abroad, the list answers questions like ‘Why set up a business in Cork?’ and ‘Why should you choose to live in Cork?’.
It also throws light on why so many companies based within Cork city and county can report such high levels of staff satisfaction.
Cork is set to become the fastest growing city in Ireland over the next 20 years. The population of the city is set to almost treble!
50% of Cork’s population is aged under 35 years.
60% of people in Cork get to work in 30 minutes or less.
Cork is ideally situated between the markets of Asia-Pacific and the Americas.
Over 150 FDI companies are located in Cork, with more than 60 overseas tech companies having chosen Cork as their European home.
Cork is a university city and home to Ireland’s largest undergraduate business school.
In Europe, Cork has the lowest latency broadband line direct to East Coast USA and there’s a new subsea cable to France underway.
Co Cork’s coast line stretches 1,100 kilometers and it is home to the world’s second largest natural harbour.
Cork Airport has nine daily flights to London, direct flights to East Coast USA, and to EU hub airports.
Cork is home to more than 50 farmers’ markets a week and described as being “Europe’s best-kept culinary secret” by Esquire Magazine (2018).
Cork is full of character, with a perfect work-life balance.
Commercial property costs in Cork are currently highly competitive, at around half that of Dublin.
Cork is currently ranked as one of Europe’s top 25 cities of the future.
Cork has more than 1,000,000 square feet of office spaces coming on stream in the next 18 months.
