The Manchester-based build-to-rent firm has lodged an application to convert a 32,000 sq ft office block in Longsight into 46 apartments.
The three-storey building is located off Clarence Road and Dickenson Road and was previously occupied by the Department of Work & Pensions as a job centre before closing in August 2018.
The block had been marketed by Bowcliffe and Lambert Smith Hampton at a rent of £10/sq ft.
The application is a for an office-to-residential conversion under permitted development rights.
PlaceFirst said it has “a long-term plan to revitalise the site through high quality residential development”, and that a full planning application would be submitted in due course for other site and extension works.
Project3 is the architect for the scheme.
Placefirst founder and managing director David Smith-Milne stepped down from his role in January, while Bill Oliver and David Mawson were appointed as chairman and chief executive, respectively.