Leeds City Council has given the green light to the application submitted by McLaren Property at a meeting of the City Plans Panel.
The 30,600m² office building, situated on Wellington Street, will provide 17-storeys of Grade A office accommodation with a range of workspace sizes.
It will feature a roof terrace, gym, underground car parking accommodating 110 spaces, and commercial units for flexible use on the ground floor.
Construction is expected to last 30 months and McLaren hopes to commence activity on-site by the end of the year.
McLaren Property Development Director Oliver Westray said: “We are delighted to receive approval for our plans for Wellington Street and thank Leeds City Council for their enthusiasm for the project.
“We have focused on designing a forward-thinking, tech-enabled development with large efficient floorplates that will attract both indigenous occupiers and inward movers. We are excited to progress with our plans following approval and look forward to seeing this major scheme come to fruition for Leeds.
“Leeds is a thriving city and is a place seeing significant investment across various sectors. A prosperous hub for technology, financial and professional services, we have designed this scheme to offer something different in the city that will appeal directly to these audiences.”