{{EngvarB|date=October 2013}} {{Use dmy dates|date=October 2018}} [[File:Elysian tower Cork.JPG|thumb|[[The Elysian]] in Cork City, the third tallest building in the Republic of Ireland and tallest in Cork.|225x225px]]
The second largest city in [[Republic of Ireland|Ireland]], [[Cork (city)|Cork]], has an economy focused on the city centre, which as of 2011, supported employment for 24,092 people.<ref name="landuse">{{cite report | url = http://www.corkcity.ie/services/strategicplanningeconomicdevelopment/strategicplanningeconomicdevelopmentnews/ELUS%20SPC%20Report%20-%20FINAL.pdf | publisher = Cork City Council | title = Cork City Employment & Land Use Survey 2011 | date = March 2012 | archive-url = https://web.archive.org/web/20171218105642/http://www.corkcity.ie/services/strategicplanningeconomicdevelopment/strategicplanningeconomicdevelopmentnews/ELUS%20SPC%20Report%20-%20FINAL.pdf | archive-date = 18 December 2017 | access-date = 3 February 2016 | url-status = live }}</ref> According to 2006 figures, the top five employers in the area were [[public sector]] organisations, and included [[Cork University Hospital]], [[University College Cork]], [[Collins Barracks, Cork|Collins Barracks]], [[Cork City Council]] and [[Cork Institute of Technology]]. [[Apple Inc.]] was the sixth largest employer, followed by [[SuperValu (Ireland)|Supervalu]] / [[Centra]] Distribution Ltd, [[Mercy University Hospital]], [[Bon Secours Hospital, Cork|Bon Secours Hospital]] and [[Boston Scientific]].<ref name="landuse"/>
==Industry and workforce== {{see also|County Cork#Economy}} Most of the industry in Cork is concentrated around the [[Greater Cork]] area, taking in Cork city and its hinterland. The immediate Cork city area has a population of almost 209,000 including the suburbs.<ref>{{cite web|url=http://census.cso.ie/sapmap2016/Results.aspx?Geog_Type=ST2016&Geog_Code=2640ADAE-4EBB-460C-BBD4-D666DEBB3C8A|title=Census 2016 Sapmap Area: Settlements Cork City And Suburbs|website=Central Statistics Office|access-date=2018-11-27|archive-date=30 July 2017|archive-url=https://web.archive.org/web/20170730014501/http://census.cso.ie/sapmap2016/Results.aspx?Geog_Type=ST2016&Geog_Code=2640ADAE-4EBB-460C-BBD4-D666DEBB3C8A|url-status=dead}}</ref> Around 42,000 workers travel into the city and suburbs to work every day.<ref name=":0">{{cite web|url=https://www.cso.ie/en/releasesandpublications/ep/p-cp6ci/p6cii/p6www/|title=Census of Population 2016 – Profile 6 Commuting in Ireland. Working in Cork, Limerick, Galway and Waterford. Daytime Working Population of Cork|website=Central Statistics Office|access-date=2018-11-27}}</ref> The majority of those commuters come from Cork County (91%), Waterford City and County, and Kerry (2%).<ref name=":0" /> Some of the companies within this area include [[Pfizer]] (Pharmaceutical), [[GlaxoSmithKline]] (Pharmaceutical), [[Johnson & Johnson]] (Pharmaceutical), [[EMC Corporation|EMC]] (Data Storage), [[Apple Inc.]] (European HQ), Avery Dennison (Financial Shared Services), Siemens Group (Third party multi-lingual tech support) and the Marriott Group (Shared Services and Customer Service Contact Centre), Centocor (Biopharmaceutical Manufacture), [[McAfee]] (Security Software, EU Operations Centre), [[VMware]] (Enterprise Software and International Support/Shared Services Centre), Clearstream and [[Amazon.com]] (Customer Services – On line Retail Activities).
There are two key third-level institutions in the city, [[Munster Technological University]] (MTU) and [[University College Cork]] (UCC), which are the sixth and third largest employers in the city respectively<ref name="landuse"/> - the latter employing approximately 2,800 people.<ref>{{cite report | url = https://www.ucc.ie/en/media/support/hr/briona/UCCStrategicPlan_Web_English_AW(2).pdf | publisher = UCC.ie | title = UCC Strategic Plan 2013 – 2017 | access-date= 25 February 2017 }}</ref>
==Information Technology and pharmaceuticals== [[File:CorkCountyHall2017.jpg|thumb|upright|Cork County Hall]] Information Technology multinationals such as Apple, Amazon, EMC, IBM, McAfee Ireland Limited, SolarWinds, Siemens and VMware INC have a presence in the city. As of 2017, there are about 140 multinationals operating out of Cork, which employ almost 32,000 people.<ref>{{cite web|url=http://www.the-businessreport.com/article/apple-pepsi-cork-host-global-ambition/ |title=From Apple to Pepsi, Cork is a host of global ambition |publisher=The Business Report |date=January 2017 |access-date=14 July 2017}}</ref>
The area around Cork is home to a number of pharmaceutical and bio-pharmaceutical companies, with a number of pharmaceutical companies located in [[Little Island, Cork|Little Island]] and Ringaskiddy.
==Retail== [[Mahon Point Shopping Centre]] is [[County Cork]]'s largest shopping center, having opened in 2005. Infrastructural investments in the [[Mahon, Cork|Mahon]] area included the extension of the [[N40 road (Ireland)|N40]] dual carriageway via a €137 million tunnel, the [[Jack Lynch Tunnel]], which opened in 1999. Construction began on the shopping centre in 2000, and opened in 2005. Other larger retail centres in the city's suburbs include [[Wilton Shopping Centre]], [[Blackpool, Cork|Blackpool Shopping Centre]], and two centres in [[Douglas, Cork|Douglas]].
==Offices and business parks== Larger office buildings in the city include Half Moon Street, Penrose Dock and One Albert Quay in the city centre, with Linn Dubh and The Atrium in Blackpool, and [[City Gate Park]] in Mahon.
The larger IDA business parks in Cork City and surroundings include [[Little Island Business Park]] and [[Cork Airport#Business park|Cork Airport Business Park]]. Other smaller parks include Cork Business and Technology Park, Kilbarry Business and Technology Park, Carrigtwohill Business and Technology Park and Ringaskiddy Business Park.
Recent city centre office developments have included One Albert Quay, consisting of 175,000 sq ft of office space over seven levels on Albert Quay. Opened in March 2016, it is home to [[Johnson Controls]], [[PricewaterhouseCoopers]], and [[Investec]],<ref>{{cite web|url = http://www.onealbertquay.com/gallery | publisher = Onealbertquay.com | title = One Albert Quay - Occupiers | access-date = 24 February 2017 }}</ref> and described by its developer as "Ireland's smartest building".<ref>{{cite web|url = http://www.independent.ie/business/irish/irelands-smartest-building-opens-on-albert-quay-in-cork-34517700.html | publisher = Independent News & Media |title = Ireland's 'smartest building' opens on Albert Quay in Cork |date = 7 March 2016 }}</ref> In the city centre, a 46,000 sq ft office development was completed in January 2019 on the [[South Mall, Cork|South Mall]], and has [[KPMG]] and [[Forcepoint]] as tenants.<ref>{{cite web|url = https://www.thecork.ie/2018/09/16/new-office-building-85-south-mall-is-fully-let/ | publisher = thecork.ie |title = NEW OFFICE BUILDING: 85 South Mall is fully let |date = 16 September 2018 }}</ref>
===Planned developments=== {{As of|2019|12}}, several developments were underway within the city, with over 1,000,000 square foot of offices reportedly under construction or in the planning stages.<ref name="2019devs">{{cite web|url = https://www.irishexaminer.com/lifestyle/arid-30972292.html | publisher = Irish Examiner | website = irishexaminer.com | title = Kevin O'Neill: Developments in Cork City centre promise to transform city image | date = 27 December 2019 | access-date = 24 October 2020 }}</ref> This included the proposed €150 million development of accommodation, offices, retail and an event centre at the old [[Beamish and Crawford]] brewery site.<ref>{{cite web|url = http://www.redfm.ie/news/cork/request-for-extra-e12-million-for-cork-event-centre-criticised/ | publisher = Red FM | title = Request For Extra €12 Million For Cork Event Centre Criticised | date = 21 February 2017 | archiveurl = https://web.archive.org/web/20170222232213/https://redfm.ie/news/cork/request-for-extra-e12-million-for-cork-event-centre-criticised/ | archivedate = 22 February 2017 }}</ref><ref>{{cite web|url = https://www.irishexaminer.com/ireland/deal-agreed-for-stalled-73m-cork-events-centre-467028.html?lipi=urn%3Ali%3Apage%3Ad_flagship3_feed%3BNRqOnJVpQAemp%2Bk5DgeUeQ%3D%3D | publisher = Irish Examiner | title = Deal agreed for stalled €73m Cork events centre | date = 12 February 2018 | accessdate = 14 February 2018 }}</ref> While a "sod-turning" event was held on the site in 2016,<ref>{{cite web|url = https://www.irishexaminer.com/news/munster/arid-40226048.html | publisher = Irish Examiner | website = irishexaminer.com | title = Event centre build may not start until 2023 | date = 13 February 2021 | accessdate = 1 September 2021 }}</ref> as of 2018, construction had commenced only in certain areas of the development,<ref>{{cite web|url = https://www.eveningecho.ie/corknews/Construction-begins-on-former-brewerys-Counting-House-227b1f0b-1fab-4f8c-a12a-a48dcf2e2194-ds | publisher = Evening Echo | website = eveningecho.ie | title = Construction begins on former brewery's Counting House | date = 22 October 2018}}</ref> with construction of the event centre delayed.<ref>{{cite web|url = https://www.irishtimes.com/news/ireland/irish-news/cork-event-centre-worth-80m-will-still-happen-coveney-says-1.4653262 | publisher = Irish Times | website = irishtimes.com | title = Cork event centre worth €80m 'will still happen', Coveney says | date = 22 August 2018 }}</ref>
As of 2020, ongoing developments in the city included a €90 million office scheme at "Navigation Square" on Albert Quay,<ref>{{cite web|url = http://www.eveningecho.ie/corknews/Work-to-begin-on-Corks-largest-office-development-this-summer-0e9c11a6-e371-4170-b682-8d690c163f53-ds | title = Work to begin on Cork's largest office development this summer | publisher = Evening Echo | date = 29 March 2017 }}</ref><ref>{{cite web|url = https://www.irishexaminer.com/property/commercial/arid-40053746.html | publisher = Irish Examiner | title = Extra floor approved for Navigation Square in the Cork Docklands |date = 24 September 2020 | access-date = 24 October 2020 }}</ref> and a €400 million office, hotel, retail and residential development at Horgans Quay and [[Cork Kent railway station]].<ref>{{cite web|url = http://www.eveningecho.ie/corknews/Docklands-plan-on-track-with-new-Kent-station-development-to-be-approved-4b5648b6-12ab-4367-8703-f3da0da1ecfe-ds| title = Docklands plan on track | publisher = Evening Echo | date = 20 February 2018 | access-date = 22 February 2018}}</ref><ref name="2019devs"/>
Planned developments outside the city include a proposed data centre in Little Island,<ref>{{cite web|url = http://www.jcdgroup.ie/featured/data-centres/#page-content | title = Press Release - JCD as a part of a joint venture are developing a data centre campus in Little Island, 5 miles to the east of Cork City | access-date = 20 April 2017 | publisher = JCD Group Property Development}}</ref><ref>{{cite web |url = http://www.datacenterdynamics.com/content-tracks/colo-cloud/t5-data-centers-is-coming-to-europe-with-a-campus-in-ireland/99652.fullarticleand | title = T5 Data Centers is coming to Europe with a campus in Ireland | access-date = 22 February 2018 | publisher = DataCentre Dynamics}}</ref> and several projects around [[Cork Harbour]].<ref>{{cite web|url = http://www.independent.ie/irish-news/news/cork-harbour-to-get-1bn-sydney-of-europe-makeover-30865526.html| publisher = Independent News & Media | title = Cork harbour to get 'Sydney of Europe' makeover |date= 28 February 2017 }}</ref> The latter included a €40m redevelopment of [[Spike Island, County Cork|Spike Island]] as a tourist attraction, with a further €40m to clean up the former [[Irish Steel|Irish Steel/Irish Ispat]] site on [[Haulbowline Island]].<ref name="irishexaminer.com">{{cite web|url = http://www.irishexaminer.com/ireland/cork-city-developments-eight-dynamic-projects-giving-the-city-a-facelift-322311.html | publisher = Irish Examiner | title = Cork City Developments: Eight dynamic projects giving the city a facelift | date= 6 April 2015 }}</ref>
==See also==
*[[Economy of Dublin]] *[[Economy of Belfast]] *[[Economy of Limerick]] *[[Economy of the Republic of Ireland|Economy of Ireland]]
==References== {{Reflist|30em}}
[[Category:Cork (city)]] [[Category:Economy of the Republic of Ireland]]