The two towers at 101 George Street in Croydon will be built off site using modular construction methods and reach heights of 44 and 38 storeys.
The development – which was forward funded by Greystar and Henderson Park – will be operated by Greystar and comprise 546 high-quality homes for rent within the build-to-rent market.
Tide’s off-site company Vision Modular will install the fully fitted modules around the concrete cores using one of the most modern and robust off-site construction systems.
The two-year construction process has been made possible through Tide’s efficient delivery.
Christy Hayes, CEO at Tide Construction, said that it was very pleased with the progress it was making in building the modular towers.
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“We are delivering the development according [to] the set timescales, offering much-needed project certainty to our clients.
“Completing the concrete cores means that we are ready for the next stage of the project by bringing the first module on site in Croydon.
“The modules are built in our factory in Bedford, undergoing strict quality controls, and will create high-quality homes to rent for Londoners.”
Cllr Paul Scott, cabinet lead for regeneration and planning at Croydon Council, added: “The two towers delivered will make a great contribution to our local economy and community, while enhancing Croydon town centre’s urban landscape with great architecture and design.
“We are looking forward to seeing the next steps and the first modules to arrive on site in Croydon.”