McLaren Property’s proposed development, designed by Cartwright Pickard Architects, is on Myrtle Street, near the University of Liverpool campus.
Close to a third of the 242 beds will be studios and the rest will be arranged in four-, five- and six-bedroom clusters around common rooms. Communal facilities include a laundry, a lounge, a study area, a cinema room and bike storage.
McLaren Property’s regional managing director Tom Gilman said: “We’ve worked closely with Liverpool City Council to deliver a scheme that is sensitively designed and one which respects neighbouring heritage. We are excited to get started and regenerate this site and bring forward a vibrant student hub on the edge of Liverpool’s knowledge district.”