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Demolition works starting this spring will be followed by construction of a 28-storey residential tower on the regeneration site’s first plot.
A demolition contractor will be appointed imminently while the Enquirer understands talks are now set to start with a shortlist of contractors for the first tower.
Hugh Frost of developer Beetham Davos said: “It feels like we’ve pushed a big green button marked ‘go’.
“The tower is fully-funded by the project shareholders and we will now move forward at pace.”
The wider King Edward masterplan would see a cluster of tall buildings, with a stated ambition of ‘pushing the boundary’ of the city’s policy on building height including a 60-storey tower.
