The development, named The Meridian, will be built close to Sheffield’s train station at a prominent 1.1-acre brownfield site on the corner of Farm Road and Queens Road,  which has been vacant for many years.

Designed by local architect Bond Bryan The Meridian will comprise three stepped and interlocking buildings of 23, 17 and ten floors.

The scheme will consist of one, two and three-bedroom modern open-plan apartments, 94 private balconies.

It will also feature co-working spaces, residents’ lounge and gym, as well as landscaped roof garden.

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.

“We are confident it will be a popular choice among residents of various age groups – and an attractive proposition for investors.”