Developer Areli and British Airways Pension Trustees secured approval from Tower Hamlets for the scheme, which will see the site’s existing 17-storey office block, built in the early 1990s, demolished.

This will be replaced with what the developer describes as the UK’s largest integrated multi-tenure residential scheme.

Designed by Patel Taylor, the project will combine build to rent homes, serviced apartments, co-living accommodation, intermediate housing and social rented homes within a single development, creating one of London’s broadest housing offers.

Consultants on the 190m tall tower project, which will be a concrete frame structure, include quantity surveyor Gardiner & Theobald and engineer Aecom, which is providing structural and building services design.

The scheme will also provide more than 3,100 sq m of publicly accessible open space in a three-storey podium building, including new Dockside Garden and Community Garden areas, almost 200 sq m of community space and 430 sq m of retail floorspace.

Residents will have access to co-working space, a cinema, gym, swimming pool, shared kitchens, lounges and landscaped terraces.

Areli estimates the development will support around 2,200 construction jobs each year during the build programme before creating 151 full-time equivalent operational jobs once complete.

Three-storey podium at 77 Marsh Wall

Founder and chief executive Rob Tincknell, who established Areli in 2018 after leading the Battersea Power Station regeneration, said: “We’re extremely pleased to have secured consent for 77 Marsh Wall, which allows us to move ahead with delivering a scheme that brings together a genuinely broad range of homes that make this development the largest of its kind in the UK, alongside a fully integrated on-site affordable housing offer.”

He added that the approval was Areli’s fourth major residential planning consent in the past 12 months, taking the developer’s consented pipeline to almost 3,000 homes.

Construction timing and the main contractor procurement programme have yet to be announced.