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06/11/2018

McBains To Oversee Landmark Modular Tower Build In London

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McBains has been appointed to oversee a landmark development in Croydon, South London.

The world's largest modular towers, 115 and 134 metres high, will be built at 101 George Street, housing 546 apartments.

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.

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"Breaching the £9 billion construction cost milestone is very pleasing and exemplifies the demand for our services across the industry, and the world-leading expertise our team brings to projects.

"With recent appointments in mainland Europe we are also looking to expand our coverage throughout the continent."

The Croydon development is a Greystar build to rent (BTR) scheme.

Tide Construction and its associate company, Vision Modular Systems, will construct the modules for the buildings in a controlled factory environment in Bedford to ensure a higher quality finish. This method will produce 80% less waste and mean that fewer workers are needed on-site. It will also provide greater certainty on costs and time.

Work on the new development is due to be completed across two years, with residents moving into the towers in the early part of 2020.

(CM)

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