More details of what will be one of Birmingham's tallest residential towers have been unveiled.

The £183 million project, to be built on the site of the old Tramps nightclub, will be called '2one2 Broad Street' and have 481 apartments.

The news comes as Moda Living, the developer behind the project, submits a formal planning application to Birmingham City Council.

Moda Living is planning to build a 42-storey tower on the run-down site close to Brindleyplace which will have a three-storey plinth with a 200-metre running track on top and a further 39 storeys above.

The apartments will range from studios to three-bedroom units and all will be available to rent only, with Moda Living acting as building manager and landlord once development work is complete.

Other facilities for residents will include a hotel-style lobby staffed by a 24-hour concierge service, gym, free wi-fi, dinning club with demonstration kitchen, public space and eating areas.

CGI of Moda Living's plans for a 42-storey apartment tower in Broad Street
CGI of Moda Living's plans for a 42-storey apartment tower in Broad Street

There will also be 35,000 sq ft of mixed commercial, retail and leisure space within the three-storey section.

The building will sit opposite another residential project The Bank which is due to have 394 apartments across two buildings.

Earlier this year, Moda Living's planning director James Blakey said the company was likely to open a second or even a third of its developments in Birmingham.

Managing director Tony Brooks said: "Birmingham is a fantastic city and our fully managed building will meet the burgeoning demand for quality accommodation.

"The Moda Living model of single landlord ownership and taking a 360-degree lifestyle approach, covering everything from work to working out, will help meet this shortfall while also raising the bar in the local rental market."

Apache Capital Partners is funding the project and Birmingham practice Glenn Howells Architects has designed it.

Assuming permission is granted this year, work is due to start in 2018 and take up to three years to complete.