The 20-storey development will be built on a cleared derelict site on Friar's Road and St Patrick's Road. Completion is scheduled in time for the 2019/2020 academic year.
Designed by DAY Architectural, the scheme will comprise of 140 studios and 443 en-suite cluster flats and significant dedicated communal areas, including a common room, along with study room, gym, cinema and kitchen-dining room for entertaining as well as a private outdoor courtyard.
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Mike Moran, Development Manager, Crosslane Student Developments, said: "Crosslane is delighted to have secured planning consent for our first student accommodation development in Coventry following extensive engagement with the local planning authority on the design and a public consultation event that Crosslane hosted for local residents.
"The proposed scheme will act as a gateway from the station into the heart of the city centre and a short walk to Coventry University. At 583 beds, the scheme will be a significant contribution to easing the supply/demand fundamentals which persist for purpose-built student accommodation in the city."
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