The revised scheme for Ilderton Road in Southwark ramps up affordable housing by 55% to 186 social rent units and boosts the co-living element from 605 to 865 homes.

Designed by architect tp bennett, the four-block development will transform a vacant brownfield site with a mix of high-density housing and upgraded public realm, including a revamped central pocket park.

Construction is due to start this year using Tide’s offsite manufacturing arm Vision Volumetric, with completion set for 2027.

The modular build will allow the scheme to go up 50% faster than traditional methods while cutting embodied carbon.

Red brick façades nod to Bermondsey’s industrial heritage

Helen McManus, head of planning at Tide, said the scheme showed how “volumetric construction can deliver more affordable housing for local authorities in a faster, sustainable, high-quality and efficient way”.

The scheme adds to Tide’s growing co-living portfolio, including Enclave: Croydon – the UK’s largest operational co-living development – and The Castle in Acton, which is nearing completion after an 18-month build.