The mixed-use development will include nearly 400 apartments and a 132-bed boutique hotel.
The scheme will be contained within five development blocks set around an internal access road, adjacent to the city's marina and Kings Dock.
The architect claimed that the building will be orientated on the axis of the Liver Building and the Liverpool Anglican Cathedral, thus making reference to buildings that dominate the city skyline.
The scheme will also include over 1,000m 2of office accommodation, nearly 600m 2of retail floorspace, 400 underground car parking spaces and associated access, landscape and public-realm works.
It will be located on the corner of Parliament Street and Sefton Street.