The company will spend more than €15m on the 98-bedroom hotel and pub in Dublin city centre next year.
Development work is set to start on the Camden Street site in February 2018, with the pub and hotel planned to open early in 2019, creating 200 jobs at the site.
“We are looking forward to developing the site into a fantastic pub and hotel,” said Martin.
“Our pubs in the Republic of Ireland are thriving and we are confident that the pub and hotel will be a great asset to Dublin and act as a catalyst for other businesses to invest in the city.”
Retained and restored
The pub will be set over two levels and feature a beer garden, including a number of bedrooms for people with disabilities.
Historical aspects of the derelict buildings will be retained and restored, said the pubco, which includes the circular stained glass window which was crafted by Earley and Company - church decorators - who were based at the site.
Part of the terrace was a convent of the Little Sisters of Assumption – from 1890 until the 1940s. Their former chapel will be preserved and form part of the new pub and hotel as well.
Other investments
The news comes a week after Wetherspoon announced it was opening its 52nd hotel at one of its pubs in Hull following a development project which cost more than £2.5m.
At the time, Wetherspoon spokesman Eddie Gershon confirmed that the pubco will be opening additional hotels this year, with further plans to add more in the years to come.