The long-awaited redevelopment of the former Harrison Drape factory took another step nearer fruition after getting the green light from council planners.
It has been almost a decade since proposals to develop new apartments on the vacant Digbeth factory site were put forward.
Part of the existing building, in Bradford Street, will be converted into studio flats while three new five- and six-storey apartment blocks will be built, creating more than 300 units in total.
The site had been the home of curtain track maker Harrison Drape since the 19th century.
Plans for development were first approved in 2006 but the economic downtown meant that construction never started despite proposals for hotel from previous owner Naus Group, the company originally behind Connaught Square.
It was snapped up by developer Seven Capital in 2012.
Now councillors are hopeful these fresh proposals will go ahead and kickstart the wider regeneration of the Digbeth area.
Coun Peter Douglas Osborn (Cons, Weoley) said: "We've been waiting more than eight years for this development.
"I welcome the fact this is going ahead, it is essential for the wider regeneration of the area.
"The 313 apartments will go some way towards tackling the housing shortage in this city."
Concerns over the lack of parking spaces for residents were dismissed.
Coun Mohammed Azim (Lab, Sparkbrook) said: "There are very good bus services and the railway is near. It is very close to the city centre.
"I don't think there will be any problem for residents. I support this fully."
The two-acre site would comprise 73 studios, 152 one-bedroom and 88 two-bedroom flats as well as a 2,420 sq ft shop unit, parking and landscaping.
The developer has agreed to pay the council £517,000 towards affordable housing in the city.