CODE Co-Living has submitted plans for three building elements: one of 12 storeys, a second of 16 storeys, and the tallest reaching 36 storeys.
At almost 117m tall, the main tower would be 16m taller than Sheffield’s current title holder and edge above a 114m tall student scheme currently under construction in Leeds – which is set to be the county’s tallest.
The co-living development will provide 1,370 private studio flats for rent, available for both students and non-students.
Substantial communal spaces are also incorporated, including dining and café facilities, a 50-piece gymnasium, cinema room, private study spaces and a large first floor south-facing outdoor roof terrace.
The building will be operated on a build-to-rent basis, owned and operated by the developer.
Nearly 140 flats will be affordable rent for non-students – more than the number of affordable homes delivered across the entire city last year.
It will be located on a prominent site to the side of the Vita building, just off Charter Row and close to The Light Cinema complex.
Jamie Lewis of CODE, said: “We have been looking for a site in Sheffield for several years. From the outside, it is clear that the city is going places with Heart of the City II and developments on The Moor transforming the city centre. We want to be a part of this.”
He added: “We have worked hard with the planning department to bring forward a high-quality design.
“If approved, we won’t hang around. We are keen to get on site and deliver. This won’t be an ambitious application that never leaves the drawing board. Cranes will be on site as soon as possible, probably within months.”
It is hoped that the planning application will be decided before Christmas. If approved, Code hopes to be on site in spring 2020.