The revised Albert Bridge House project will now consist of two residential towers rising to 37 and 49 storeys and a 17-storey office block.
Planned office space has been halved compared to the previously consented plan in central Manchester.
Oval said that since the previous scheme received consent in 2023, the financial landscape had shifted significantly.
Previously consented double block plan for Slbert Bridge House site
“As such, our new proposals have been developed in response to this challenge and to better align with current market needs and community priorities.”
The office building is now targeting net zero in line with the Council’s 2038 target.
The Albert Bridge House site is located between Bridge Street, the River Irwell, St Mary’s Parsonage and Trinity Bridge in Manchester City Centre.
It is currently home to a vacant 18 storey office building, formally occupied by HMRC, and an adjoining car park.
Oval said it expected to submit a planning application later this year.
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