Located on the site of the current Oak Street car park on Corporation Road, this development will feature a 14-storey building, including 131 apartments.
The site is being developed by MDC in conjunction with Chaloner Group, who have already worked closely with Middlesbrough Council on the TeesAMP project.
The site was originally the location of Cleveland Scientific Institute, which was demolished in 2006.
A planning application is being prepared and, if successful, construction is due to start in early 2022.
All comments about the project should be made to email@example.com.