Sector specialist Fusion Students has submitted plans for its first Manchester development, a 500-bedspace scheme close to the Deansgate Square high-rise cluster.
The site sits between Renaker’s Castle Wharf and Deansgate Square, bordered by Chester Road, Bridgewater Viaduct and Deansgate.
Designed by Corstorphine + Wright Architects, the tower has been trailed as representing a £40m investment from London-headquartered Fusion, which also has schemes in Cardiff and Hatfield.
Warren Rosenberg, co-founder of Fusion Students, said that the application follows “months of discussions with the local community, stakeholders and planning officers”.
He added: “Manchester is a global university destination with a student population that continues to grow and our scheme will offer something new and desired for Manchester’s students in a fantastic city centre location.
“We believe the site is ideally located to serve the Manchester’s universities and anticipate that the plans will provide a welcome boost to local businesses, including shops, cafes, bars, and leisure facilities, from the support of students living in the area.”
Facilities are to include communal study space, a cinema room, basketball court, gym, and 24-hour reception.
The site was formerly owned by Beech Holdings, which acquired it from Knott Mill Securities.