Planning permission has been granted for an 11-storey, 91-apartment scheme by property company Town Centre Securities in Piccadilly Basin in Manchester.
The building is designed by Ian Simpson Architects, and forms part of the wider Piccadilly Basin regeneration scheme.
Tariff Street will comprise a mix of one-, two- and three-bedroom apartments and will start on site in 2015. The property will be built on a vacant grass plot next to the Rochdale canal.
The council received objections to the scheme from more than 50 neighbours and local business owners, with key issues being the size of the block and its design.
Piccadilly Basin has been owned by TCS since the late 1960s as part of founder Arnold Ziff's ownership of the Rochdale Canal Company. A masterplan for the area was developed in 1998. Initially, the canal was re-opened, a road bridge removed between Ducie Street and Brewer Street, locks were replaced and a marina created.
In 2006 TCS developed a 33,100 sq ft office building for BDP as its northern HQ and in 2008 completed the redevelopment of Carvers Warehouse into offices.
GMI Construction Group is the development partner and Deloitte Real Estate is the planning consultant for Tariff Street.