Known as The Meridian, the 23-storey building will feature co-working spaces, residents’ lounge and gym, as well as landscaped roof garden.
It will be located at a prominently located 1.1-acre brownfield site on the corner of Farm Road and Queens Road, which has been vacant for many years.
Ketan Patel, senior development manager at Godwin Developments, added: “We have worked closely with the planning department at Sheffield City Council since we acquired this highly prominent site last year.
“We believe we have created a building of distinction and sense of place that adds positively to the city’s skyline and sets the benchmark for revitalised public spaces.
“The Meridian will also be an environmentally responsible development, shaped with low energy design principles in mind and supported by a range of strategies to naturally reduce its carbon footprint over time.”
Godwin’s recent gained planning success for suburban BTR scheme in Doncaster, which will see the creation of 60 BTR homes, as well as planning approval for two residential schemes in Nottingham providing 102 family homes.