The scheme has been designed by Inverness based Colin Armstrong Architects and has been inspired by a marine theme to reflect the waterside location.
At the moment the proposals are only at the outline application stage but they include social housing, rental properties for key workers and privately owned properties. That housing would be a mix of flats from 1 bedroom to 3 and 4 bedroom executive and penthouse flats.
It is also envisaged that there could be a mix including two to three community shops, commercial offices and service businesses occupying the remaining units. Within these plans is also a waterside walkway directly linking the area with the city centre.
If the proposed scheme is approved by Inverness Council it is hoped that works would commence within a year of detailed planning approval being received. Building works would be expected to be completed in phases over a two to five-year timeframe with the landmark building being built in the last phase. The first part of the development to commence would be apartments for Albyn Housing Society.
As part of the initial planning, there have been two phases of site investigations carried out. These were the necessary environmental and geological studies and they did not indicate that there were any special environmental sensitivities with the site.