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The development is on track to tender for a main contractor in Q2 next year, ahead of a Gateway 2 submission at the end of 2026.
The scheme will deliver 352 homes across a former sawmill site with designs by Allford Hall Monaghan Morris.
At the heart of the development is a new riverside park that opens access to the River Frome to the public for the first time in generations as well as a new pedestrian bridge across the river.
Jean-Marc Vandevivere, Chief Executive of PLATFORM_ said: “We are thrilled with the planning committee’s decision, which represents a significant milestone for this important city centre regeneration site.
“This project will deliver a new generation of homes, exceptional public realm, and high-quality amenities to Bristol, helping to meet the city’s housing needs while creating a thriving new riverside neighbourhood. We look forward to progressing the next steps in partnership with the council and our advisors as we move toward delivery.”