€1.5 million shopping centre investment

The first phase of an investment programme at Blackpool Shopping Centre began in September with the second phase due to start in early 2026.

Details were revealed on Tuesday about a €1.5 million investment in the northside shopping centre. The first phase includes a full re-tiling of the mall while the second phase will deliver a refreshed and modern environment for visitors, including new bulkheads for tenant signage, repainted communal areas, upgraded lighting, and new seating areas designed to enhance the overall shopping experience.

Lugus Capital, together with joint venture partner Patron Capital, announced the investment which coincides with the 25th anniversary of Blackpool Shopping Centre. The centre was acquired by Lugus Capital and Patron Capital in 2024.

Speaking on the investment, Roger Dineen, Head of CRE in Lugus Capital said: “Our vision is to position Blackpool Shopping Centre and Retail Park as a best-in-class retail destination in Cork and Munster. This investment demonstrates our commitment to modernising the physical environment while also ensuring that our retailers and customers enjoy the highest quality shopping experience.”

Blackpool Shopping Centre is anchored by Dunnes Stores and includes 45 units shops.

John Hartnett, Centre Manager of Blackpool Shopping Centre, said: “Blackpool Shopping Centre has been at the heart of the community in Blackpool for 25 years. This investment marks a new era for one of Cork’s most established retail centres, and ensures we will continue to serve our shoppers in a vibrant and welcoming setting.

“We’re excited to see the centre evolve while maintaining the friendly, accessible, and community-focused atmosphere that our customers value, and have grown to expect,” he added.