Developers behind a luxury hotel and apartment complex in Dublin city centre say the project could create up to 300 new jobs over the next two years.
The Marker hotel and residential complex was launched this morning at Dublin's Grand Canal Square.
It consists of a six-floor, 187-room hotel slated to open in February of next year as well as 84 residential apartments which are completed and ready to let.
Developers say more than €120m will have been invested in the complex by the time it is finished, creating 200 construction jobs and another 100 in the hospitality sector.
“The launch of The Marker is testament to Dublin’s re-emergence as a thriving European capital city with a very broad appeal to local and international leisure and corporate travellers," said Kevin McGillycuddy is from Brehon Capital Partners, the company behind the development.
"Dublin continues to attract investment from major multinationals from a variety of sectors and that brings with it the need to offer suitable, high quality accommodation.
"The Marker will be the best in its class hotel for the international business executive and its stunning design, interiors and breadth of facilities will appeal equally to the seasoned lifestyle traveller.”
Minister for Transport, Tourism & Sport Leo Varadkar said the proposed development "is a significant vote of confidence in Irish tourism, and in Dublin as a visitor destination".