MEPC received a grant of reserved matters planning consent for No.4 Wellington Place in Leeds with a view to starting on site later this year.
The triangular building, designed by architects Sheppard Robson, will complete the masterplan for this part of Wellington Place and provide office and ancillary retail/restaurant floorspace.
It is due for completion in 2020.
The building is set to deliver 130,000 sq ft of office space in addition to 17,000 sq ft of ground floor retail and leisure space, plus a basement car park and landscape work.
Externally, No.4 Wellington Place will feature stone and bronze vertical panels in the triangular format of the building, plus terraces to upper floors facing onto the Lifting Tower.
Paul Pavia, head of development at MEPC, said: “We are now progressing detailed designs for 4 Wellington Place as we’re confident that market conditions will be right to get started on this exciting project during the second half of this year.
“The build programme is set at just under two years and once complete, will finalise the east end of the development masterplan. The huge level of interest in 3 Wellington Place since coming to market has underpinned our views that Wellington Place is providing something unique for the businesses in Leeds.”