The restoration of one of Birmingham city centre's oldest buildings came a step closer when city planners gave the green light to a £15 million student apartment development.
The Christopher Wray building, which comprises a row of terraced Georgian houses in Bartholomew Row next to Eastside City Park, will be restored and a 15-storey residential tower constructed alongside it.
The final project, which is scheduled to finish by July 2017, will create offices, pubs and art and design studios alongside the student bedrooms.
Simon Linford, from developer C-zero, said: "Saving Bartholomew Row has always been desirable, through the planning application we showed it was possible, and now we are going to make it happen."
Member of the city council's planning committee were almost all very supportive of the scheme, which will be called The Emporium, when they met today.
Coun Peter Douglas Osborn (Con Weoley) said: "We have so little Georgian housing in the city and I am so grateful this is being restored back to that period.
"We are lucky that it has not been torched like so many buildings of that age."
The Grade II-listed building has been derelict since the lighting company Christopher Wray moved out in 2003 and it was feared that it would crumble.
Plans to demolish the building were previously rejected and the owner claimed it could not be economically restored.
Pictures: Inside former Christopher Wray lighting works
But the arrival of the neighbouring Birmingham City University campus, the new park and imminent development of Curzon Street Station and HS2 have made the numbers stack up.
The council's own conservation panel, which advises on historic architecture, urged the city to sell some land at the back of the site to C-zero so the apartment block could be scaled down in height while still providing the enough flats to keep the scheme economically viable.
But the committee was told the council was not land banking the site ready for land prices to increase on the back of the HS2 development.
Only one committee member opposed the scheme because no car parking space was provided.
Coun Gareth Moore (Con Erdington) said that, although the block was just a stone's throw from the BCU campus, some of the students would still own cars for other journeys and needed somewhere to put them.
The Emporium plans also include opening Birmingham's first "ruinpub" in the lower basement stamp room.
The concept comes from Budapest where pubs, set up in derelict buildings, have proved popular.
In this case, the basement room will undergo minimal restoration and be decorated with Christopher Wray fixtures and memorabilia.
Meanwhile, the derelict building has been used as a live study for students of architecture and planning from the university.
Mr Linford said: "I have a pretty constant stream of students coming in to study the buildings or use them as part of their work - something I am very keen to continue during the project as this is a great opportunity on BCU's doorstep for those studying built environment courses to see the process in real life."