An empty site in Wexford Town has been given the go ahead to be redeveloped as a new hotel.
The luxury 73-apartment Stonebridge building, located at Paul’s Quay, has been purchased by family-owned hotel group Talbot Hotel Collection who now plans to give the derelict site a new lease of life.
The complex was finished in 2008, but the economic crash meant it never opened for public use and has been left empty ever since.
The hotel went up for sale in September of last year with a guide price of €6.75m and will become the sixth property in the Talbot Hotel Collection when it opens, joining properties in Dublin, Cork, Carlow and Wexford.
The group’s ambitious aim is to invest €2.5m to complete the hotel and welcome guests by the middle of 2016, targeted more towards the corporate end of the market.
Speaking to thejournal.ie, Talbot Hotel Collection owner Cormac Pettitt said: "This is a one of a kind tourism offering and a real game changer in terms of the accommodation offering in Wexford and even nationally amongst the Irish hotel sector.”