The Totterdown Reach project will be built on Bath Road, a short walk from Temple Meads Station.
New flats will be built across three blocks of 3, 17 and 5 storeys, with 20% affordable housing stipulated in the Section 106 agreement.
Andy Portlock, chief executive officer at Hadley Property Group, said: “The approval of our Bath Road submission is a statement of both Bristol’s determination to deliver the housing which the city needs, and our own commitment to playing a part in that regeneration.
“A collaborative, cross-sector approach is key to meeting housing needs, and we are looking forward to getting started on site.”
Jason Cornish, Partner at architect Feilden Clegg Bradley said: “The design provides a significantly improved public realm with links to the river and allowance for future pedestrian links to adjacent sites.”
Manchester-based Environmental Services Design is supporting building services design with Gardiner & Theobald on board as cost consultants.