SKA Developments is now set to move forward with the transformation of the former Co-op department store building adding three floors to create the 134-bed student accommodation.
Works to clear the interior were undertaken late in 2018 and construction is now set to commence in the coming weeks.
The council has agreed a significant loan to SKA Developments to bring the long-derelict listed building back to life.
Zeb Pervaiz, director of SKA Developments said: “This project represents an extremely important chapter in the redevelopment of the town centre.
“This scheme, along with our plans for the Greater Waterfront Quarter, show our ambition as a developer and represent the next phase in the growth of our business.
“We’re currently exploring additional opportunities around the UK, including in South Yorkshire, the North East and Scotland.”
earlier this month, Kirklees Council unveiled a blueprint for the town centre, showcasing sites earmarked for development contributing to the wider economic prosperity of the region.
