Developers are reportedly close to submitting plans for a 1,000 bed student accommodation development in Sheffield's city centre.
Under the plans being proposed by Brookfield Student Real Estate, the former Footprint Tools factory on Hollis Croft will be demolished and in its plans four student accommodation blocks will be erected.
Included within the plans are bed spaces for 1,000 students, as well as communal facilities, commercial units and outdoor space.
Chief executive of BSRE Tim Butler said that, "Sheffield stands out because of its flourishing student population and the strength of its two world-leading universities."
In addition, Mr Butler stated that they are "excited about this opportunity to revive the former Footprint Tools site, which is in need of regeneration and is no longer utilised for its original manufacturing purposes."
It's hoped that the new development will contribute to the wider rejuvenation of the area by providing attractive public spaces, new amenities and improved pedestrian routes in and around the site.