Vinci and St Modwen JV secures planning for 201 new homes and 5,250 sq ft of retail space.
A joint venture between Vinci UK Developments and St Modwen has been given permission to build a 26-storey tower with 201 new homes in Nine Elms.
The south west London scheme, known as Apex 1, will also include 5,250 sq ft of retail space on land released as a result of the joint venture’s New Covent Garden Market redevelopment.
Nick Smith, senior development manager at St Modwen, said: “Apex 1 promises to be a high-quality new scheme for Nine Elms.
“This latest planning decision means we can deliver new homes for the area while achieving another important milestone for the transformation of New Covent Garden Market.”
Apex 1 is the first building of a wider Apex development site, which is adjacent to the Nine Elms Northern Line tube station, which already has outline consent for 422 homes and 66,000 sq ft of commercial space.
The scheme has been designed by Glenn Howells Architects and is planned to be a near net zero development.
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