The Croydon area of London is set to see an innovative 21-storey modular block of homes.
Constructed off-site, the building will be dropped into place and could help to speed up delivery of much needed homes in the capital.
A total of 153 homes will be provided by the scheme being developed by Pocket Living and the project could be replicated elsewhere in the capital to meet the growing demand.
“Tackling London’s housing crisis requires bold new approaches. We know turning things round will take time, but offsite construction is an innovative way to speed up building the affordable homes our city needs. I invested in Pocket Living to help them build genuinely affordable homes that are sold to local people first,” said London Mayor Sadiq Khan.
The project in Addiscombe Grove will deliver homes that can only be purchased by those who live or work in the borough.
Richard Brown, research director at the Centre for London, explained the body is researching the benefits of modular off-site construction methods.
He added: “Manufactured homes are often more talked about than built, so it is positive to see how they can contribute to taller buildings on complex urban sites. We hope this announcement will help to shift preconceptions about off-site construction.”