Work will begin this summer on a £65m development in Sheffield after plans were unanimously approved today.
Phase one of New Era Square - which involves major Chinese investment - will include a 21-storey tower of flats for 700 students as well as private apartments above a public square, shops and offices.
The development off St Mary’s Road and Bramall Lane will also replace an existing cash and carry supermarket and include a business incubator for start-up firms with exhibition hall.
Councillors agreed the proposals, subject to conditions and a legal agreement regarding timescales, despite hearing some concerns about the effect on the nearby area in terms of traffic and parking.
Sheffield businessman Jerry Cheung, managing director of New Era Development Ltd, said afterwards that work on phase one would hopefully begin in July and the entire scheme could be completed in three years.
He said the project would use all local firms during the building stages - creating jobs during construction and hundreds afterwards.
Mr Cheung said: “It’s quite a relief to have it approved.
“The business incubator will have partners working together to welcome Chinese businesses to come to be in Sheffield, we will offer a better service than Leeds or Manchester.
“That hopefully is to bring even more jobs.”
The planning meeting heard an objection from electroplating firm Lathco Ltd, which is based on part of the development site and will be forced to relocate.
Councillors stressed that the firm - hailed as a traditional Sheffield business - should be supported through the process.