An unoccupied luxury 73-apartment complex in Wexford Town is to be redeveloped as a new hotel.
The Stonebridge building, located at Paul's Quay, was completed in 2008 but never opened for public use due to the economic crash and has since sat empty.
According to thejournal.ie, the site has been purchased by the Talbot Hotel Collection - the group is behind several other 'aparthotel' complexes in Dublin and Cork.
The company aims to invest €2.5 million to finalise the apartments and turn the development into a new hotel for the town, stating that the property will be targeted towards the corporate hospitality sector, with an expected 20 full-time and 40 contract positions generated.
"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,” said Talbot Hotel Collection owner Cormac Pettitt.
