A new resort hotel in Co Cavan to be operated by Radisson SAS will create 250 jobs.
The hotel on the 1,300-acre Farnham estate will be financed by local businessman Roy McCabe, who will invest €85 million in the project.
The 158-bedroom hotel is being designed as a "retreat to nature" resort - the first of its kind operated by Radisson SAS in Ireland.
The hotel will include Ireland's first 40,000-square-foot "Wellness Centre" and 629 square metres of conference facilities.
When completed, the estate will also feature an 18 hole championship golf course, in addition to 500 hectares of walking trails, fishing and trekking through the grounds.
Mr McCabe bought the property from the Farnham family after almost 400 years of ownership. Architect Des McMahon of GilroyMcMahon, who restored the Hugh Lane Gallery and Collins Barracks in Dublin, has been employed to design the hotel.