Essential Living has appointed offsite manufacturing company Elements Europe to deliver its 249-home Creekside Wharf scheme in Greenwich.
Under the deal, Elements will send 632 steel-framed modules to Creekside Wharf – at a rate of 20 a week – from February 2017.
The modules will then fit around the scheme’s concrete core.
EL said this will give the project lateral stability while the stacked modules carry its weight back to the ground, which it added was exactly the same method as a conventional office block.
Elements will use traditional construction methods in a controlled factory environment where 60 per cent of the total work is carried out.
This will halve the time spent on site to 32 weeks, the company said.
Creekside Wharf is one of the first build-to-rent schemes being built in this way and each module can be completed within seven days, according to EL.
EL construction director Ray Theakston said: “We’re pleased to be able to appoint Elements, veterans of the modular world, on what promises to be an innovative scheme in Greenwich.
”Having the potential to collect rent six months earlier than a traditional build is appealing.
“This is achievable because you can commence work on the modules off site at the same time as constructing the traditional concrete core on site – which the steel-framed modules then plug into.”
Elements managing director Simon Underwood said: “Modular solutions have been used for many years throughout the hotel and student accommodation sectors and our entry into the build-to-rent market is just a natural progression, bringing homes forward sooner, reducing capital construction costs and improving the quality and safety of delivery.”