The 23-storey build-to-rent (BTR) scheme will be developed on the edge of the city centre.
The development – named The Meridian and situated in close proximity to Sheffield's train station, transport routes and all major amenities – will include one, two and three-bedroom modern open-plan apartments and 94 private balconies.
The scheme also incorporates a large amount of flexible ground floor amenity space for a concierge reception, co-working spaces, residents' only lounge and gym. It features a landscaped roof garden and plaza fronting onto Queens Road, as well as 358 cycle storage and 29 car parking spaces.
The scheme will contribute significantly not only to the housing requirements of the city, but also to the overall regeneration and investment programme under way in Sheffield.
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James Mulcare, Head of Residential Capital Markets at Godwin Developments, said: "We are delighted to have received planning consent from Sheffield City Council for this scheme. The development is a major milestone for the BTR market in the city, bringing forward a multifunctional living space that is also perfect for working, relaxing and socialising.
"The Meridian is a well-located scheme of exceptional design quality shaped around the requirements and lifestyles of city centre residents. It emphasises wellbeing, light, natural materials and finishes, as well as access to private and shared outdoor space and community focused amenities.
"As such we are confident it will be a popular choice among residents of various age groups – and an attractive proposition for investors."
The scheme will redevelop a prominent 1.1-acre brownfield site, which has been vacant for many years. It is situated just a five-minute walk from Sheffield’s Midland Station and a ten-minute walk from the city centre including Sheffield’s main shopping and entertainment districts, with parks, outdoor spaces, and both universities also nearby. It is very easily accessible by road and public transport, with proposed walking, cycling and tram routes expected to enhance sustainable mobility to and from the development in the near future.
