THE Eurocity development for new affordable apartments is one step closer after outline planning permission was granted.
Developers Malbi Limited must now decide whether to proceed with a full planning application.
If granted, building work could start next year.
The development will consist of at least 361 one-bedroom apartments and studios, with a target market of people working in Gibraltar but living in Spain who earn less than the average wage of £27,500.
“This is a huge step in the right direction,” said Gibraltar Chesterton’s Mike Nicholls.
Objections were raised at the Development and Planning Commission (DPC) meeting to proposals for a 12-metre distance between the residential blocks.
Eight of the 11 DPC members approved the plans.