An iconic site in the South East is set to be redeveloped as a 5-star hotel.
The Ard Rí in Ferrybank overlooks Waterford City.
The buyer is a Kilkenny native and owner of Waterford Castle, Seamus Walsh
Speaking on the development, Cllr John Cummins said, "it's more fantastic news on the back of the North Quays investment.
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"The Ard Rí hotel, which is such a dominating iconic building overlooking the City, has been sold to Seamus Walsh, who is the owner of Waterford Castle. He intends to develop it as a 5 star hotel.
"It's very positive news for Waterford and the entire region, and we're very much looking forward to seeing work commence on the site."
