McBains has been appointed as consultant on what is set to become the world’s tallest modular tower, in London’s Croydon.
The development at 101 George Street, Croydon, is a Greystar build-to-rent (BTR) scheme made up of two towers of 37 (115m) and 44 storeys (134m) respectively.
The towers will house 546 apartments and will hold the title of the first and second tallest modular buildings in the world upon completion,
Developer Tide Construction and its associate company Vision Modular Systems will construct the modules for the buildings in a factory in Bedford. The method is expected to produce 80% less waste and mean that fewer workers are needed on site.
Construction is set to take 24 months, with residents moving in in the early part of 2020.
Greystar and Tide have partnered on several schemes to date, including student accommodation at Chapter Lewisham, Chapter White City and Chapter Highbury II, the latter two being projects on which McBains were also involved.
McBains director Richard Davies said: “We’re delighted to have been appointed on another landmark project – with our experience of both modular and build-to-rent projects we have been able to advise the lending team through a successful due diligence process and we look forward to contributing to the delivery of a ground-breaking project.