The Unite Group and Cala Homes (Midlands) have unveiled plans for a £30 million student accommodation and family housing scheme in Selly Oak, Birmingham.
A detailed planning application has gone to Birmingham City Council to build 331 units for students and 88 new family homes at Elliott Road.
The 1.85 hectare brownfield site already has outline plan-ning permission.
Unite and Cala say the proposals will help overcome a shortage of quality student accommodation and family housing in the area.
Student numbers have grown in Birmingham by 25 per cent in the past five years, increasing demand.
The scheme envisages en-suite study rooms, primarily in five bed self-contained flats. Unite currently provides accommodation for some 1,182 students in Birmingham at The Heights in Staniforth Street and Londonderry House, Newton Street.
Cala will build 31 three and four-bedroom townhouses and 57 one and two-bedroom apartments.
Substantial car parking will also be provided, with each house having at least two spaces and each apartment at least one space.
The site of the proposed new development, which used to be the Selly Oak Bus Depot along with light industrial units, lies between Elliott Road, the Birmingham and Worcester Canal, Selly Oak Hospital staff car park and existing factories.
It was cleared last year. There will also be improvements to the canal towpath, a pedestrian bridge over the canal and landscaping.
The project has seen widespread consultation with the local community.
Tim Mitchell, managing director for Unite's Southern development region, said: "We have received positive feedback and strong support from our consultation with the local community and their representatives over the past 12 months. It was important to us that they were behind our proposals to revitalise and regenerate a redundant site.
"Birmingham continues to see considerable growth in student numbers within the city and the proposed scheme will help to raise the quality of student accommodation as well as freeing up traditional housing that can be returned to family use."
Darren Humphreys, managing director of CALA Homes (Midlands), said: "Selly Oak is an area which is popular with families and students alike, due to its proximity to the university, and the city centre.
"Our proposals will help ensure that we provide high quality homes for local families, which we have made more affordable by using innovative design. The homes proposed also match a variety of ever evolving requirements of the modern family format.
"We have made best use of the attractive canal side setting, and the proposed tow-path and canal improvements will make our new development a particularly attractive residential location. We are very pleased to play our part in the on-going considerable regeneration and improvement to the Selly Oak area."
Unite and Cala are holding a further exhibition for local residents and interest groups to show them the final proposals and to listen to any further comments.
This will be held at the Elim Church Centre on Exeter Road in Selly Oak on July 10.
It is the first time which Unite and Cala have worked together, though both are active in Birmingham.
Unite has already invested more than £50 million in the city and plans to invest the same in the next two years.
Known for its high profile, award-winning schemes at Brittanic, Qube, Post Box and Broadway Plaza in Birmingham, in March Cala unveiled £50 million of funds to spend on acquiring brownfield sites to develop new residential and mixed use property schemes in the region.
It is presently building St Bernards Lawns, a new 63-home development in Solihull.