The Tower Hamlets planning committee have granted Olympian Homes planning approval to begin works on the 46-storey Marsh Wall co-living development on the Isle of Dogs.
Designed by Rio Architects, the co-living development will accommodate residents within fully managed studios whilst offering flexible tenancy agreements and community-centred shared cooking and leisure spaces.
Residents will also have full access to the lower floor amenity areas, co-working spaces, café, cinema, gym, winter gardens, external amenity space and the three-storey sky lounge on the 43rd to 45th floors.
Marsh Wall will also benefit the wider community in Tower Hamlets with a payment in-lieu of £47.9m to build new affordable housing in the borough.
Alongside this, the development will provide the wider community with supply chain and building management related jobs and opportunities, as well as associated training in each of these fields.
Construction of the co-living scheme is set to begin in August this year.