Plans submitted for Lancashire's tallest building

By Rob Kelly

27 Aug 2025

Artist impression of the new scheme

TSS Property has submitted a planning application for Altura - a proposed 30-storey tower in Preston city centre.

If approved, the 96-metre development will stand as the tallest building in Lancashire.

The plan envisages the construction of a landmark property on Derby Street, located between the bus station and Church Street.

The design features 218 apartments, together with seven Grade A office spaces.

The apartments will comprise 163 one-bedroom units, and a further 55 with two bedrooms. The offices will be a mixture of co-working spaces and larger suites for businesses. 

 The site is currently being used as a ground-level car park but the completed development could provide housing for more than 270 people.  

The project has an estimated gross development value of over £40m, and the majority of the budget will be spent with local and regional businesses.

Residents will be able to take advantage of a gym, Pilates studio, games room and a residents-only cinema, together with a communal lounge. All the apartments will benefit from winter garden balconies, and high-speed internet will be a standard feature throughout. A 24-hour concierge service, CCTV and fob-access security doors should ensure residents’ privacy and security.

The designer, David Cox Architects, is based in Preston, as are the developer, the planning consultants and the majority of the supply chain partners that will help to deliver the scheme.

The project team expects the construction phase to sustain up to 60 on-site jobs and to last approximately 30 months after breaking ground. However, Altura has already been three years in the making – the designers having spent considerable time finding the right site, developing the architectural vision and ensuring that their plans meet the needs of local people and businesses.

Steven Gallagher, managing director of David Cox Architects, said: “Altura has taken three years of design development and evolution, and an unwavering commitment from a team of dedicated professionals. We are all proud to be playing a part in shaping the future of Preston.

“Once complete, Altura will be an elegant, contemporary building; one that reflects Preston’s ambition and celebrates its growing status as a dynamic urban centre. We are confident that it will make a meaningful and lasting contribution to the city’s evolving skyline. We look forward to seeing Altura take its place as an inspiring symbol of the city’s progress and ambition.”

 TSS Property has considerable experience of developing build-to-rent residential schemes and has won numerous awards.

The company is currently delivering City Walk – a £20 million BTR development comprising 122 apartments on Lords Walk, another brownfield site in Preston’s urban centre. Like Altura, it features numerous amenities for residents including a private cinema, roof garden and residents’ gym.

 Preston City Council registered the planning application on 26th August. A decision is expected later this year.

 

Enjoyed this? Read more from Rob Kelly

Latest news

1

Rawtenstall Market to return home in 2027 Rawtenstall Market

Rawtenstall Market to return home in 2027

29 May 2026

2

Award-winning chef joins ambassador team Doug Crampton

Award-winning chef joins ambassador team

29 May 2026

3

FWP sports village plan gets the green light Cumberland Sports Village

FWP sports village plan gets the green light

28 May 2026

4

Omaze draw guarantees £1m boost for Eden Project Morecambe Eden Project Morecambe

Omaze draw guarantees £1m boost for Eden Project Morecambe

28 May 2026

5

Preston’s Park Hotel set for £70m transformation Heaton Groups Vision For The Former Park Hotel

Preston’s Park Hotel set for £70m transformation

27 May 2026

Background image for hub sign up block

LBV Hub

Leverage Lancashire Business View platforms

Post your news
Post your events
Post your offers
Build your network
Improve your SEO
Gain coverage in the magazine
Sign-up
Events
Funding Summit
Funding Logo Canva Mid
Summit
17 Jun 2026

Funding Summit

Village Hotel Blackpool

08:30 - 11:00

LBV129 July/August Magazine Networking Event
Nov/Dec Networking Event
Networking
16 Jul 2026

LBV129 July/August Magazine Networking Event

Brysdales, Britannia Buildings Drumhead Road, Chorley, PR6 7BX

16:00 - 18:00

LBV130 September/October Magazine Networking Event
Jan/Feb Networking Event - Entrance
Networking
17 Sep 2026

LBV130 September/October Magazine Networking Event

The Beehive Blackburn, Shadsworth Business Park, BB1 2Q

08:30 - 10:30

LBV131 November/December Magazine Networking Event
Jan/ Feb Networking Event - Talking
Networking
19 Nov 2026

LBV131 November/December Magazine Networking Event

Lancashire

08:30 - 10:30

Building a high-performance culture
business workshop.png.png
LBV Hub Seminars
03 Jun 2026

Building a high-performance culture

Media Factory, University of Lancashire, Preston, PR1 2HE

09:30 - 11:30

Chamber Breakfast Networking – June
LBV Hub Networking
03 Jun 2026

Chamber Breakfast Networking – June

Pye Motors, Morecambe, LA3 3PE

08:00 - 10:00

Society1 Breakfast Social and Coworking Day
Breakfast Social June Facebook.png.png
LBV Hub Networking
04 Jun 2026

Society1 Breakfast Social and Coworking Day

Society1 Coworking Space, Preston, PR1 3LT

09:00 - 17:00

Yellow Day 2026
LBV Hub Fundraisers
07 Jun 2026

Yellow Day 2026

St Catherine's Hospice, Preston, pr55xu

11:00 - 16:00

Opening doors and opportunity for Tech in Preston
PTC Square June (900 x 900 px)-2.png.png
LBV Hub Networking
09 Jun 2026

Opening doors and opportunity for Tech in Preston

Society1, Coworking Space, Preston, PR1 3LT

18:00 - 19:30

Clubhouse Business Network sponsored by Orca Finance - June 2026
Padel Network.png.png
LBV Hub Networking
11 Jun 2026

Clubhouse Business Network sponsored by Orca Finance - June 2026

Clubhouse , Blackburn, BB1 3NT

14:00 - 16:00

The Business Network Central and East Lancashire
LBV Header (33).png.png
LBV Hub Networking
18 Jun 2026

The Business Network Central and East Lancashire

Stanley House, Blackburn, BB2 7NP

11:30 - 14:15

Chamber Business Lunch
LBV Hub Networking
19 Jun 2026

Chamber Business Lunch

Lancaster House Hotel, Lancaster, LA1 4GL

11:00 - 14:00

Advertise with us

Reaching 50,000 members, our print, digital and event platforms offer a fantastic way to raise your business profile and help you grow.

Find out more LBV124 Online Graphic
Subscribe now

Weekly news bulletin