XCES Projects will supply an environmental impact statement for the development on a 650-acre site at Ballymacus, which the developers say will create 350 full-time positions on site and support a further 450 jobs in the region.
XCES Projects main shareholder Sean Rainey said close to 300 jobs will be involved in the three year construction phase, costing an estimated €160m.
Details of the project were announced by Enterprise Trade and Employment Minister Micheál Martin yesterday.
“This proposed investment is a major boost for tourism in the southern region and I welcome the jobs that will flow from it,” he said.
The Kinsale Harbour Resort involves a collaboration between Cork-based XCES Projects, Hyatt International hotels and PGA Golf Management. The integrated tourism complex will be Hyatt’s first Irish venture and will include:
A 200-room Five-Star deluxe Hyatt Hotel, holiday lodges, conference facilities and spa.
A PGA Golf Management operated, 18-hole, 260-acre championship golf course, clubhouse and state of the art golf academy.
An Olympic-standard indoor and outdoor equestrian complex, with a 500-seater indoor arena capable of hosting international events.
Economic Research Associates (ECR) estimates that in its first full year the project will attract 82,600 visitors, generating an estimated annual spend in the local economy of e100m.
Developer Sean Rainey said that there will be full access for local people to the development, which he said will not have any entrance gates.
“The golf course has been designed with the possibility of hosting major golf tournaments attracting large crowds in mind.
“We told the designers to not so much design the course as go out and find it. They have done a magnificent job, 17 of the fairways will have spectacular sea views,” Mr Rainey said.
Hyatt International senior vice president of development Michael Shindler said: “We have brought our management and brand to many beautiful destinations around the world but none more spectacular than the Kinsale Harbour Resort project.
“We will be thrilled to offer Hyatt’s services to the multi-national companies in Cork and we will add to the world class food and beverage facilities for which Kinsale is widely known“.
PGA Golf Management senior management executive David Dean said the resort “will become one of the finest and most sought after golf resort experiences in Europe.”