Over 200 build-to-rent apartments to be constructed on the site of Carey Tool Hire and the former Sextant Bar, Albert Quay, Cork City in a skyscraper apartment block granted permission by An Bord Pleanala.
The housing development will consist of 93 one-bed apartments, 104 two-bed apartments and four three-bed apartments in a building that ranges in height from eight to 11 to 24 storeys over ground floor.
The development will also see amenities installed such as a lounge area, library, workspace, meeting rooms, coffee dock, games room, cinema room, dining area, gym, a ground floor cafe, public plaza, two rooftop terraces and an internal residents amenity area on Level 24.
Developers Progressive Commercial Construction Limited, who are part of the JCD Group, will also construct two basement levels, which will include 402 cycle spaces and 62 parking spaces.
There are more than 30 conditions attached to the planning permission - some of which include that the apartments will be long term rentals only.
An agreement has also been put in place which states that the residential units will be used as rental accommodation for a minimum period of 15 yearsfrom the date of completion of the development and that no individual unit can be sold in the intervening period.
Another of the conditions is that works on the site are permitted to take place between 7am and 7pm Monday to Friday, and between 8am and 2pm onSaturdays, with no work permitted on Sunday.