Its St James development arm is gearing up to start work on the 27-storey residential block at 20-21 Albert Embankment.
Formely known as Hampton House, the scheme on the south bank in the Nine Elms district has been designed by architects Foster + Partners.
The plans approved by Lambeth Council includes three buildings, ranging from 15 to 27 storeys high, and comprises a mix of residential and commercial.
20-21 Albert Embankment scheme
- 248 apartments including 80 affordable homes for Senior Living
- circa 12,300sfqt of Office space
- circa 8,000sqft of Restaurant space
- Residents facilities including bar, gym, pool and spa
Sean Ellis, Chairman of St James, said: “At St James we are in the fortunate position of influencing developments that have a lasting impact on London and in this case its riverscape.
St James is absolutely committed to the transformation of the Nine Elms on the South Bank. It’s long been an overlooked area of Central London that will become a new neighbourhood in its own right.
Meanwhile, Berkeley’s other housing business St George has started enabling work on its landmark 50-storey residential building next to Blackfriars Bridge.
The 170m tower scheme will contain around 270 luxury flats.