Over on South Terrace, the JMK group has plans for an Adagio aparthotel. For now though, the focus is on their Camden Quay development. The original Camden Palace has come a long way, after being through a series of ownerships. A company called Oyster Developments bought the site in 2005 for €12.2m; in 2014 it was sold for €750,000 to Stone Work Properties who had plans for an office development and in 2020, it was bought for €3.5m by the JMK group. It’s now home to two internationally recognised hotel brands, bringing the number of hotels in Cork close to the 100 mark.