An Bórd Pleanála has granted permission for a €140 million project on the former Port of Cork site, which will have a 34-storey tower as its centrepiece.
The soon-to-be tallest building in Ireland will contain a 240 bed-hotel, leisure centre, bar, restaurant and retail space.
The buildings also forming part of the new plan will also include a heritage centre and distillery.
Cork City Council gave the project the green light in October, however the Irish Georgian Society An Taisce and a artist from Cobh all appealed that decision to An Bórd Pleanála.
They raised concerns about the tower’s visual impact, and how the project would affect the historic buildings on the Custom House site.
However the Bórd said the project would bring a number of positive cultural impacts to that part of the city and granted permission for the ambitious plans to proceed.
The planning decision comes just days after the state announced a €353m investment in the city’s docklands to help drive future development.