It’s happening.

Plans for a large hotel and office development on the site of the now-demolished Tax Office on Sullivan’s Quay have been given the green light by An Bord Pleanála.

The 193-bed hotel, complete with an eye-catching 12-storey glass tower, will include a new bar, restaurant and gym, completely updating one of Cork’s oldest streets.

BAM Property Ltd also received planning permission for a six-storey office block, due to be built alongside the new hotel.

Cork is due to benefit from the addition of more than 1,300 new hotel bedrooms in the near future.

Ireland’s first ‘floatel’, the ‘My Story MV’ will be docked at Penrose Quay with 87 cabins and three decks, meanwhile work continues apace on the 165-bed Maldron Hotel on Beasley Street/South Mall, which is due to be completed later this year.

At Victoria Cross, The Kingsley Hotel has received planning permission for 63 additional bedrooms and The M, a 217-bed extension by The Metropole Hotel, has also been green lit.