The approval comes as The Peel Group, the developers behind Wirral Waters, reveal the new designs for the waterfront campus.
Peel and Wirral Met have been collaborating for some time in order that the college courses are aligned to the workforce needs of Wirral Waters and the wider economy, with courses in the renewable energy and construction sectors.
The joint Mersey Water Enterprise Zone plans in Wirral and Liverpool forms one of only 24 Enterprise Zones in the country. Enterprise Zone status gives businesses tax incentives to support growth and job creation.
Richard Mawdsley, Project Director at Peel said: “Wirral Met College will be the first new building within Wirral Waters. Since we received planning permission for Wirral Waters back in May 2012, we’ve been focussed on site preparation, remediation and infrastructure – all of which take time and all are needed to enable us to start delivery.
“The new College is all about putting skills and training at the centre of Wirral Waters. Wirral Met are an exemplar FE college and will be training young adults with relevant skills aligned to local industries.
Deborah McLaughlin, Executive Director for the North West at the HCA, said: “We’ve been working closely with partners to help develop plans for Wirral Waters, so it is excellent news that we’ve been able to invest in Tower Road South.
“This work should act as a catalyst for future development, helping to make the wider area more appealing for investors and in turn having a great impact on jobs and the local economy.”