Godwin Developments has secured the planning consent for the construction of a 23-storey build-to-rent (BTR) scheme in Sheffield, the UK.
The new project, named The Meridian, will be developed on a 1.1-acre brownfield site that has been vacant for many years.
The 23-storey building will feature 336 apartments in a mix of one, two and three-bedroom layouts.
Located on the edge of Sheffield city centre, the development also features co-working spaces, space for a concierge reception, residents’ only lounge and a gym, along with 358 cycle storage and 29 car parking spaces.
It will also feature a roof garden.
Sheffield Midland Train station is within a five minute walking distance from The Meridian, while Sheffield’s main shopping and entertainment districts, parks and outdoor spaces are also located nearby.
Godwin Developments Residential Capital Markets head James Mulcare said: “The development is a major milestone for the BTR market in the city, bringing forward a multifunctional living space that is also perfect for working, relaxing and socialising.
“The Meridian is a well-located scheme of exceptional design quality shaped around the requirements and lifestyles of city centre residents. It emphasises wellbeing, light, natural materials and finishes, as well as access to private and shared outdoor space and community focused amenities.
“As such we are confident it will be a popular choice among residents of various age groups – and an attractive proposition for investors.”
Rendering of the 23-storey building on the edge of Sheffield city centre. Credit: Godwin Group.