Designed by DLA Architecture, the £400m scheme includes a 42-storey tower, standing at 154m tall, comprising 1,125 student beds as well as 18,500 sq ft of ancillary facilities.
This will be accompanied by a second purpose-built student block of 32 storeys for 638 student beds.
The third building, standing at 25 storeys, will accommodate 348 build to rent flats.
Galliford Try set out the construction management plan as part of the initial planning submission. It plans to use ‘off-site manufactured’ bathroom pods and pre-cast concrete façades.
It is the second development proposal for the Wellington Street and Wellington Bridge Street site, which was cleared back in 2014.
Previous plans for two build to rent buildings and a hotel were proposed three years ago but were not brought forward.
Daniel Newett, a founder of Urbanite, said: “We are delighted to secure planning consent in principal to develop this strategically important, landmark site and deliver much needed new mixed tenure housing in the city centre.”
Urbanite said it hopes to be able to start development on site as soon as possible.