City based Tower Holdings Group submitted plans to build a 34 storey building on the former Port of Cork site on Custom House Quay.
The building will be the tallest building in Ireland and will contain apartments, a five star hotel with a spa and swimming pool, retail space and a maritime and heritage attraction.
The new tower will incorporate and restore the historic Custom House and will also feature a sky-bar and restaurant with panoramic views of the city centre.
The bonded warehouses on the site will be refurbished and opened to the public for the first time. The design includes an interactive visitor centre and a new micro-distillery at the eastern edge of the site.
