The project, called The Meridian, will comprise a mix of one, two and three bedroom apartments. 94 of these will include private balconies.
A large amount of flexible ground floor space, set for a concierge reception, co-working space, residents’ only lounge and gym, will also be incorporated.
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.”
Ketan Patel, senior development manager at Godwin Developments, added: “We are grateful for the help and support provided to us by the Sheffield City Council planning team, which has led to the successful outcome of our planning application. It has resulted in the creation of a landmark building that is simple and effective in design and adds positively to the city’s new skyline. When built, The Meridian will become a welcome focal point for residents and visitors to Sheffield, realising the Council’s ambitions for the city.”
Godwin Developments is behind the student living scheme the Bendigo Building in Nottingham.