Tide Construction has gained planning permission for two residential towers in Croydon.
The 38-storey and 44-storey towers, on 101 George Street, will be the tallest towers built using modular construction and have been designed specifically for rent.
The scheme will be made from nearly 1500 modules that are manufactured and installed by Vision Modular Systems.
Christy Hayes, chief executive of Tide Construction said: “This project is a huge milestone for both us as a company and for modular developments as an innovative, modern method of construction.
“This development emphasises the true potential of modular construction as a genuine solution to the UK’s housing crisis, where high-quality homes can be delivered at pace in sought after urban areas. Both the government and industry are realising the benefits of modular construction, with 101 George Street being a pivotal moment for modular construction in the UK.