The £160 million project, which will transform a derelict site next to the city's central railway station, will feature a 38-storey tower split into three 'slender blades'.
As well as creating a new hotel and leisure and retail facilities, the project also includes two residential buildings and a revamped pedestrian 'boardwalk' and new public spaces designed by Martha Schwartz.
Backed by developers Merepark and Ballymore, in tandem with Liverpool Central Regeneration, the team has already had extensive pre-application consultations with Liverpool City Council, Liverpool Vision, CABE and English Heritage.
Commenting on the scheme, Woods Bagot's design principal Stephan C Reinke said: 'We are delighted to have been involved in creating the design of such a key regeneration project in central Liverpool.
'We believe the designs we have produced for the site will make a significant and lasting contribution to the urban landscape and pedestrian vitality of Liverpool, now and in the future.'
Should the development receive planning consent, work is due to start on site in spring next year.