Construction has begun on a large block of flats in a 'prime location' behind the Victoria Centre.
Work is underway on a multi-storey student block of flats on corner of Howard Street and Glasshouse Street.
The six-storey building is expected to have 69 bedrooms when finished, and will replace a demolished Victorian era building which had previously housed a hairdressers.
Locals thought that the student flats would be positioned in an ideal location for people new to the city.
Edward Aboud, 22, who studies business and HR at Nottingham Trent University and lives on Woodborough Road, said: "I see a lot of people complaining about student buildings.
"I'm probably a bit biased but when I was looking I found that it all goes very quickly so there's obviously still a need and demand for it.
"It might be quite expensive as it's in a prime location, you can walk right into the city centre and to the Victoria Centre in minutes."
The accommodation, which will also have shared living spaces on upper floors, is planned to have three "commercial units" on the ground floor.
A Nottingham resident, who wished to remain anonymous, said: "I think it will be great for the students but I do think it's the only thing being built at the minute.
"That being said it would probably free up some more family houses - we do have a lot of students so I think it's a bit of balancing act."
There had previously been doubts about whether the project was viable when it was approved in 2020.
Jay Foster, 21, a student who lives in Nottingham, said the new flats were ideal for people who were new to the city.
He said: "It is a good spot for student accommodation, especially for people that don't know the city very well and are coming here for the first time.
"I think students in Nottingham get a bad reputation, but I don't think it's that deserved or that student take that much notice.
"I would live there it would be very convenient, depending on the price anyway."
In a Nottingham City Council planning report, Nottingham Civic Society had previously outlined their concerns over the scheme.
"The Victorian building still conveys distinctive character to the local area which has lost many other interesting buildings to mundane later 20th century utilitarian development," the statement read.
"Numbers 24-26 Glasshouse Street represent an era where good quality brick details were deployed to create a building which celebrated its prominent corner location with a sweeping and eye-catching curve of the red brickwork.
"The replacement building does not offer the same level of focal interest."
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