The latest scheme is for an £80m private rented block of flats on Peel Group’s £5.5bn Liverpool Waters scheme.

The planned tower, within the Princes Dock development plan on William Jessop Way, will rise to 34 storeys and gained full planning last week.

Apache Capital is fully funding the 300 rented flats scheme, with communal facilities including a 17th floor residents’ lounge, gym, a roof, terrace, a garden and a cinema.

Tony Brooks, joint managing director at Moda Living, said: “We have worked in collaboration with Peel on their masterplan for this unique part of the city and are very excited about our first Moda Living development in Liverpool.”

This is the second project to be delivered through the Apache Capital and Moda Living JV partnership.

Carillion started work on the joint venture’s first scheme known as Angel Gardens in Manchester last year.

The partnership has to date secured a PRS development pipeline of around 5,000 flats located in prime city centre sites across the UK’s major regional cities with an end gross development value of £1bn.

The latest planned building will play a prominent part in the Liverpool Waters masterplan, which will see the regeneration of 60 hectares of historic dockland into a mixed-use waterfront development quarter.