A total of 469 properties are set to spring up on an open-air car park on land bounded by Manchester Road, Queen Street and Grimshaw Street which was previously home to Dryden Mill.
Those behind the scheme have claimed that it could be “a catalyst” for the long-planned regeneration of the Stoneygate area of the city.
A senior councillor has said that if Preston’s current trend for city centre living continues, it could end up on a par with the likes of Manchester and Leeds.
READ THE FULL STORY: Green light for almost 500 new apartments that could help make Preston 'like Manchester and Leeds' – and be affordable for locals .
Designed by Preston-based David Cox Architects and promoted by city planning firm Cassidy + Ashton, this is how the finished development will look.
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It is hoped that the apartment development will set the ball rolling on the regeneration of the Stoneygate area of the city centre, three years after a vision a for a new "urban village" was unveiled Photo: (image: David Cox Architects and Cassidy + Ashton)
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Three retail units will form part of the Queen Street frontage, with one of them intended for what planning agent Alban Cassidy described as a "Co-op or Spar-type development" Photo: (image: David Cox Architects and Cassidy + Ashton)
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At their highest point, the buildings will boast two-storey penthouse apartments Photo: (image: David Cox Architects and Cassidy + Ashton)
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The entrance to one of the six blocks that will make up the two apartment buildings Photo: (image: David Cox Architects and Cassidy + Ashton)