Initial plans for the A-listed Victorian development were reduced from 111 properties after residents’ views were taken into consideration. The revised proposals also include redesigning the main entrance porches, size of balconies and rear stairwells.

The land overlooking Kelvingrove park was sold by Glasgow City Council to Leeds-based Expresso Property for £6.2 million.

The developer said up to 500 construction jobs could be supported if the £35m plans are approved.

Nick Robinson, co-director of Expresso Property, said: “This is undoubtedly one of the best addresses in Glasgow.

“One of the key concepts throughout the evolution of the design was to create a luxury, high-end product that forged a dynamic link between old and new.

“The design follows the original approach within the area to celebrate the very best standards of living and their relationship to their park-land setting and the wonderful urban spaces of Park District.”

More than 1000 people have signed a petition against the development, saying the plans would “destroy one of Europe’s finest areas for built heritage”.

Campaign group Park and Woodland Heritage said: “We think the council is trying to cash-in on a valuable asset because it’s struggling for cash in the current economic climate.

“We understand times are hard but you don’t flog the family silver at the bottom of the market.

“We believe that the proposal has little support and is a bad deal for the people of Glasgow.”