The 1-5 New Wakefield Street tower block will rise to around 35 storeys and has been designed by Beetham Tower architects SimpsonHaugh & Partners.
Works are due to start on site in early 2018, after Unite received planning this month.
The tower would stand adjacent to another high-rise student accommodation project: the 33-storey Liberty Living building, formerly known as Student Castle.
Unite plans the vast majority of the accommodation to be arranged in clusters of 5-10 bedrooms. There will also be a number of studio flats. Anodised aluminium is proposed as the cladding for the building.
The client project design team includes Waterman’s Notting building services office and Curtins as structural consultant.