{"id":317382,"date":"2026-02-26T01:01:09","date_gmt":"2026-02-26T01:01:09","guid":{"rendered":"https:\/\/www.newsbeep.com\/ie\/317382\/"},"modified":"2026-02-26T01:01:09","modified_gmt":"2026-02-26T01:01:09","slug":"e50m-ruby-hotel-planned-for-cork-city-centre-after-council-approval","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ie\/317382\/","title":{"rendered":"\u20ac50m Ruby Hotel planned for Cork city centre after council approval"},"content":{"rendered":"<p>CORK city centre is set for another new hotel after planners cleared the Starstone Property Group to build a \u20ac50m, 180-bedroom premises at the junction of Lower Oliver Plunkett St and Connell St, opposite the site once earmarked for the now-shelved Prism office block.<\/p>\n<p>Construction work is due to begin in Q3 2026 on the 0.07ha site to the rear of the former Eircom building, No 5 Lapps Quay.<\/p>\n<p class=\"\">The five- to 10-storey hotel will be run by the Ruby Hotel Group, a Munich-based hospitality company and hotel brand, acquired last year by the InterContinental Hotels Group (IHG). Known for a modern, design-led approach to urban hotels, the brand\u2019s philosophy is \u201clean luxury\u201d, which Starstone said equates to \u201cstylish, high-quality city centre hotels at affordable rates\u201d.<\/p>\n<p><img decoding=\"async\" loading=\"lazy\" src=\"https:\/\/www.newsbeep.com\/ie\/wp-content\/uploads\/2026\/02\/4981604_7_articleinline_Untitled-688.jpg\" alt=\"Starstone Property has been cleared to build a hotel at Lower Oliver Plunkett St and Connell St.\u00a0&#9;Picture: Noel Sweeney\" title=\"Starstone Property has been cleared to build a hotel at Lower Oliver Plunkett St and Connell St.\u00a0&#9;Picture: Noel Sweeney\" class=\"card-img\"\/>Starstone Property has been cleared to build a hotel at Lower Oliver Plunkett St and Connell St.\u00a0\tPicture: Noel Sweeney<\/p>\n<p class=\"\">Welcoming Cork City Council\u2019s decision, Starstone group director Patrick McDermott, an accountant by profession, said the new hotel \u2014 which will include a fully equipped gym and contemporary dining space \u2014 \u201cmarks a significant investment in Cork\u2019s hospitality sector\u201d.<\/p>\n<p class=\"\">\u201cWe\u2019re thrilled to bring this project to life and play a role in enhancing Cork\u2019s vibrant tourism and business scene. We\u2019ve agreed heads of terms with Ruby Hotel Group, who will lease the building upon completion.\u201d<\/p>\n<p class=\"\">Mr McDermott described Ruby Hotels as \u201ca leading European brand known for its \u2018lean luxury\u2019 concept\u201d, and added that \u201cconstruction is scheduled to begin this summer\u201d.<\/p>\n<p><img decoding=\"async\" loading=\"lazy\" src=\"https:\/\/www.newsbeep.com\/ie\/wp-content\/uploads\/2026\/02\/4981649_10_articleinline_c2_a9_2025341_Cork_P1_RevB_20_1_1_.jpg\" alt=\"Computer-generated image of the planned new Cork hotel. Construction begins later this year. Image: 3D Design Bureau\" title=\"Computer-generated image of the planned new Cork hotel. Construction begins later this year. Image: 3D Design Bureau\" class=\"card-img\"\/>Computer-generated image of the planned new Cork hotel. Construction begins later this year. Image: 3D Design Bureau<\/p>\n<p class=\"\">Headquartered in Co Meath, Starstone is actively expanding its hospitality portfolio, with work set to start this summer on an aparthotel in Ashbourne, Co Meath. In addition, McDermott recently acquired Loftus Hall on Hook Head, which \u201cwill be transformed into Ireland\u2019s first Agri-based hotel and estate \u2014 \u201ca unique destination, blending austere luxury with immersive farm-to-table experiences, outdoor activities, and heritage tourism\u201d. Starstone acquired Loftus Hall \u2014 reputed to be Ireland\u2019s most haunted house \u2014 from Oakmount, a company controlled by developer Paddy McKillen Jnr, who had bought it from the Quigley family in 2022. Oakmount had set about restoring the property into a boutique hotel.<\/p>\n<p><img decoding=\"async\" loading=\"lazy\" src=\"https:\/\/www.newsbeep.com\/ie\/wp-content\/uploads\/2026\/02\/4981598_7_articleinline_Adagio_20Aparthotel_20Front_20Facade_20Artists_20Impression.jpg\" alt=\"Construction is already underway on a new hotel at 31 - 33 South Terrace, Cork.&#9; Image: JMK Group.\" title=\"Construction is already underway on a new hotel at 31 - 33 South Terrace, Cork.&#9; Image: JMK Group.\" class=\"card-img\"\/>Construction is already underway on a new hotel at 31 &#8211; 33 South Terrace, Cork.\t Image: JMK Group.<\/p>\n<p class=\"\">Starstone\u2019s portfolio also includes High St, Ashbourne, a large town centre mixed-use commercial property, and Southgate Shopping Centre in Drogheda. Starstone has completed a number of deals in Dublin and Cork, with reports of backing from London-based bookmaker and owner of Star Sports, Ben Keith, as well as Brighton FC owner Anthony Bloom.<\/p>\n<p class=\"\">The group\u2019s Cork project will involve the demolition of a vacant, two-storey commercial building, in an area described by planners as \u201cunderutilised\u201d. The site adjoins seven storey No 5 Lapps Quay which is directly across the river from City Hall.<\/p>\n<p class=\"\">The proposed Starstone development comes on the back of significant momentum across the hotel sector in Cork City following a period of limited growth up to 2018. Since then, the provision of new visitor bed spaces has increased significantly, with the opening of the city\u2019s first Premier Inn, a \u20ac30m development at Morrison\u2019s Quay in January 2024, followed by another first for the city, a Marriott-brand hotel, the 148-bed Moxy Hotel and Residence Inn on Camden Quay.<\/p>\n<p class=\"\">Work is also underway on at Nos 31, 32, and 33 South Terrace where the UK-based JMK hospitality group project will see the conversion of three late-Georgian buildings into an aparthotel, expected to operate under the Adagio brand.<\/p>\n<p><img decoding=\"async\" loading=\"lazy\" src=\"https:\/\/www.newsbeep.com\/ie\/wp-content\/uploads\/2026\/02\/4981601_7_articleinline_1_20-_20Cork_20Leisureplex_20-_20revised_20scheme_20-_20courtesy_20of_20Mode.jpeg\" alt=\"Premier Inn has appointed a demolition contractor to clear the now-vacated former Leisureplex\/Coliseum cinema site for a new hotel.\" title=\"Premier Inn has appointed a demolition contractor to clear the now-vacated former Leisureplex\/Coliseum cinema site for a new hotel.\" class=\"card-img\"\/>Premier Inn has appointed a demolition contractor to clear the now-vacated former Leisureplex\/Coliseum cinema site for a new hotel.<\/p>\n<p class=\"\">Meanwhile, the UK-based Whitbread hospitality group, which owns the Premier Inn brand, have appointed a demolition contractor to clear the now-vacated former Leisureplex\/Coliseum cinema site at the junction of MacCurtain St and Brian Boru St where they have plans to build their second Cork inn. Demolition is expected to be completed by the spring and construction of the 173-bed hotel, is expected to begin later this year.<\/p>\n<p class=\"\">Separately, seasoned hotelier Shay Livingstone has plans for an \u20ac18.5m 58-bedroom boutique hotel at No 71 South Mall, formerly home to National Irish Bank. A new planning application is imminent after the first permission lapsed.<\/p>\n<p class=\"\">Over on Custom House Quay, Tower Development Properties Ltd has sought to extend its planning permission for a landmark 34-storey hotel.<\/p>\n","protected":false},"excerpt":{"rendered":"CORK city centre is set for another new hotel after planners cleared the Starstone Property Group to build&hellip;\n","protected":false},"author":2,"featured_media":317383,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[72,4257,79,61,60],"class_list":["post-317382","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-business","tag-cork-business","tag-cork-news","tag-ie","tag-ireland"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/317382","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/comments?post=317382"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/317382\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media\/317383"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media?parent=317382"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/categories?post=317382"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/tags?post=317382"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}