The scheme is proposed for the site of the former Kent Street Baths, in the city’s Southside area.
Submitted by developer Camborne Land Investments, it proposes the construction of around 400 build to rent apartments and a further 100 homes for private sale, as well as public open space, residents’ amenity space and shop units.
The scheme, on the site of the former baths which were demolished in 2009, proposes a mix of studio to three-bedroom apartments in five main buildings ranging from six to 18 storeys in height, with a central three-storey community hub building.
Conal Long, investment director at Camborne Land Investments, said: "Our plans for a rental-led development at the former Kent Street Baths site continues the regeneration of Southside in Birmingham, while providing high-quality housing that is both sustainable and accessible for modern living."
"The proposals for the development demonstrate a high-quality build to rent offering for Birmingham," said Andy Pointon, partner at Allsop, property consultants on the project.
"Build to rent developments are crucial to the government’s plans for the housing sector, offering a flexible alternative for modern living and, combined with Birmingham’s increasing popularity, we believe this scheme will raise the bar for the residential rental market in the city," he said.