YHG is planning to build the 276-apartment tower block at Princes Dock on Peel’s Liverpool Waters development site. It has been designed by Brock Carmichael Architects.
The proposed £48m development would be YHG’s third build-to-rent development, although the first in Liverpool, and would be marketed under its Hive brand.
YHG expects to submit a planning application for what it calls Hive-City Docks in early 2017 and begin work later in the year, subject to consent.
News of the plans comes just a month after developer Moda Living received consent for a 34-storey tower on an adjacent site.
Peel development director Lindsey Ashworth said: “Hive-City Docks represents a major milestone in our vision to create a stunning waterfront for Liverpool which will be a vibrant place to live, work and visit. There is now significant momentum behind our plans as investors realise the potential and opportunity which this site offers.”