The tower is the second to come forward within the developer’s wider Salford masterplan, following the 50-storey Collier’s Yard.
Renaker, which is delivering the three-tower Greengate scheme through its AQ Investments subsidiary, lodged a building control application for the second phase last month, as revealed by Place North West.
The developer is now seeking feedback from residents on its proposals for the 42-storey development, which is to have between between 420 and 444 apartments.
The tower would be built on plot C of the site, bounded by Collier Street, Boond Street and Trinity Way and close to Anaconda Cut, another Renaker project.
Under the plans, the skyscraper would feature a mix of one-, two- and three-bedroom apartments and townhouses, as well as 14,000 sq ft of commercial space.
The public consultation on the proposals closes on 6 August.
A reserved matters application is due to be submitted to Salford City Council later this summer or in early autumn, according to Renaker.
The authority granted outline consent for the 42-storey building on plot C last year, while giving full consent for Collier’s Yard.
Initially, the plan was that the plot C tower would be constructed last of the three but the phasing of the scheme has now changed. Tweaks to the schedule mean that the tower fronting Trinity Way is to be delivered next, followed by a 41-storey block on Queens Street, next to Collier’s Yard.
Collier’s Yard, the tallest of the three towers, comprises 559 apartments and started on site last summer.
Renaker was granted £37.5m from the GM Housing Investment Loans Fund for Collier’s Yard late last year.
The wider Greengate project, designed by OMI Architects, will feature more than 1,500 homes when complete.