The assisted living development, proposed by Great Place Housing Group, would include 80 apartments which would be built on the vacant lot where Spire Hospital used to be in Whalley Range.
Chief executive of the LGBT Foundation Paul Martin has backed the exclusive community open to only over-55s in the LGTBQ+ category.
"The views of the local community are key to making this development a success," Martin said.
"We encourage people to use their voice to help shape the future of this landmark project, to ensure it offers a safe and welcoming home for older LGBT+ people."
Manchester's Housing and Development Councillor Gavin White called the plan a "landmark development for Manchester's LGBTQ+ community.""Helen Spencer, executive director of growth at Great Places Housing Association, said the "exciting and innovative project aims to create the UK's first purpose-built and co-produced LGBTQ+ Extra Care housing scheme.
"We believe this scheme will not only meet the specific needs and aspirations of the LGBT+ community, but also enhance the diversity and vibrancy of Whalley Range as a neighbourhood."
The community would boast properties available for social rent and include shared facilities, lounges, treatment rooms, and landscaped gardens.
Additionally, another block of apartments would be built next to it including 40 apartments available only for LGBTQ+ first-time buyers and eligible for shared ownership.
A public consultation meeting has already been set for mid-January for citizens of the community to express their views on the proposal.