The €90m development will provide 310,000 square feet of office space and accommodate 3,000 workers once complete in four separate buildings.
In recent weeks demolition work by Loftus has taken place on the site completely clearing it back to the Albert Road.
Demolition is also significantly complete by Loftus on another key city centre site slated for a new office development.
Again, the facade of the existing building has been retained.
Work is significantly underway on the Western Road for a student apartment complex located at the former filling station across the river from the River Lee Hotel.