Plans approved for 284 apartment scheme in city centre
Proposals have secured approval for a 15-storey residential tower in Sheffield city centre.
Sheffield Council has given the green light to Panacea Property Development’s plans for the final phase of its Well Meadow regeneration development just off Netherthorpe Road, close to the Well Meadow Conservation Area.
The scheme will feature two buildings and deliver 284 apartments, consisting of 133 two bedroom, 139 one bedroom, and 12 studios.
Occupiers of the completed development will be within walking distance of city centre jobs, restaurants, bars and other amenities.
The site is also immediately adjacent to Netherthorpe tram stop and close to the University of Sheffield as well as the city’s main hospitals.
The first phase of the mixed-use development was delivered in September 2016 in joint venture with Worthington Properties, and provided over 305 student accommodation units which are now fully occupied.
Gareth Riddell, managing director of Panacea Property Development, said: “This approval offers us the opportunity to deliver the Penultimate phase of this project. Panacea has worked closely with Sheffield City Council for more than two years to ensure that our plans for this next phase of development provide excellent design standards.
“The scheme we’ve now received approval for achieves the Council’s aspirations for the delivery of institutionally backed build to rent accommodation within this important regeneration area.”