The scheme, in the centre of Brighton, is being backed by developers Crest Nicholson and Bioregional Quintain, and is being heralded as the 'most environmentally advanced development in the UK'.
The scheme will offer 172 apartments, including 54 units of affordable housing, and aims to be a truly zero-carbon development.
The development will include an on-site woodchip biomass boiler, which will be operated by a community-owned energy company. The scheme will also include eight roof-top turbines, as well as an array of photovoltaic panels.
Residents will be able to grow their own food on site, through rooftop mini allotment areas, which will be automatically irrigated.
Steve Jones, managing director of Crest Nicholson South East said: 'Zero-carbon schemes are an essential part of the future of property development and we are very proud, along with BioRegional Quintain, to be setting the benchmark for future similar developments.
'The scheme combines our residential expertise with BioRegional Quintain's knowledge of sustainable developments. Together, we believe, we have created a development that not only features striking contemporary architecture, but one which is able to play a major part in combating climate change.'