The developer wants to create a 449-apartment development on the corner of Great Ancoats Street and Port Street.
Select Property Group has launched a public consultation on its latest Manchester project, first revealed by Place North West in June.
The development, designed by SimpsonHaugh Architects, would provide almost 450 homes within a 31-storey tower and an adjoining 11-storey block.
The apartments would be a mix of one-, two- and three-bedrooms and the scheme would also feature co-working spaces, cinema rooms and a residents’ gym.
Select bought the Port Street site, currently used as a surface level car park, from Leeds-based developer Town Centre Securities.
The scheme will be managed and operated by Affinity Living, a wholly-owned subsidiary of Select Property Group.
Affinity also operates two towers fronting the River Irwell off New Bailey Street, Affinity Riverview and Affinity Riverside.
In addition, two blocks under construction at Select’s Embankment West are nearing completion.
Adam Price, chief executive at Select Property Group, said: “Our plans will breathe new life into this underutilised site and complete the transformation of Great Ancoats Street.
“We want to understand how our plans can contribute to wider neighbourhood priorities and we’re looking forward to receiving feedback from local residents and businesses during our consultation.”
The online consultation runs until 27 October.
The proposals aim to link Ancoats and Piccadilly Basin and have been guided by the design principles set out in the Piccadilly Basin Strategic Regeneration Framework.
Earlier stages of Piccadilly Basin’s regeneration featured the creation of the 160,000 sq ft Urban Exchange Retail Park, a 232-space multistorey car park on Tariff Street, and the Dakota Hotel on Ducie Street.
Deloitte is the planning consultant, Re-form landscape architects is leading on landscape design, and Stephen Levrant Heritage Architecture is advising Select on the heritage elements of the scheme.