The 14-storey Sussex Place project, estimated to cost around £45m to build, will replace an ageing eight-storey office block beside Hammersmith station.
The development will provide 147 cluster bedrooms and 144 studios, with 35% of the accommodation offered at affordable rents.
The 98,700 sq ft building will include student amenity space, a landscaped courtyard and skywalk roof terrace.
Plans also provide 204 cycle spaces alongside improvements to landscaping, public realm and biodiversity.
WGP Architects designed the scheme, which is targeting BREEAM Excellent.
The wider project team includes Pulse Consult, Chord Consult, Boyer, Orion Fire Engineering and Price & Myers.
