Middlesbrough mayor Andy Preston has revealed that planning permission for £30 million digital skyscraper Boho X has been submitted (Monday February 24) - with building work set to start in late summer for completion in 2022.
Along with private investment in two neighbouring residential skyscrapers, Boho X will be part of a £45 million first phase of an overall £250 million digital project.
At 260ft, the tallest office building between Leeds and Glasgow, Boho X will be built on land close to where the original Middlesbrough Farm once stood before the growth of the town as a 19th century Ironopolis.
Speaking to business leaders at Middlesbrough FC's Riverside Stadium, Mayor Preston said the initial £45 million project represents the biggest single investment in the town's history.
He unveiled new artist's impressions of a building that could eventually be the workplace for up to 1,000 people
"Boho X will be a stunning digital skyscraper on the very site where Middlesbrough first grew into the famous Ironopolis," he said.
"Thanks mainly to funding from Tees Valley mayor Ben Houchen and the combined authority, £30 million is now in the bank for a world-class digital building that, along with a private investment for residential skyscrapers, represents the biggest ever single investment in Middlesbrough.
"And this isn't a long-term vision. It's happening now! Planning permission is being submitted today. Building work starts in late summer and Boho X will be open for business in 2022.
The announcement also saw the mayor reveal the names of the first organisations to commit to taking space in Boho X - Middlesbrough College, Northern Stable (sister business of Visualsoft), Logic Architecture and the Endeavour Partnership.
Mr Preston added: "Boho X is just the start. Soon we will be changing national and international perceptions about Middlesbrough forever.
"We really can make Middlesbrough the digital city, attracting and creating well-paid jobs.
"I believe it will represent the North's very best office space - at a fraction of the cost for similar space in Newcastle or Leeds."
Tees Valley Mayor Ben Houchen said: "The talk is over, the planning application is now in and the first steps toward this ambitious scheme are under way. I know how important this new development will be to Middlesbrough and that's why we've invested £26.5million from our Investment Plan into the project.
"We already have a host of world-class tech and digital companies across Teesside, Darlington and Hartlepool and with Andy's vision of transforming Middlesbrough into a digital powerhouse, even more good quality well paid jobs are on the way to our region."
Just a minute's walk from Middlesbrough railway station, which will soon have direct links to London, it is planned for Boho X to feature a gym, café, 20-seat cinema, 200-seat lecture theatre and 750-seat events space.