Moda Living has been granted planning permission for its first co-living neighbourhood in London.
The Child Graddon Lewis-designed plans for the £134m neighbourhood on Penarth Street, Bermondsey, SE15, include 283 studio homes and 44 affordable homes, along with amenity spaces for residents, including a gym, roof terrace, residents’ lounge, games room and private dining room, as well as an on-site laundry and bike storage.
Moda development executive James Edwards said: “Penarth Street promises to be the perfect flagship neighbourhood to launch our Studio Living platform, offering renters an exciting alternative to house shares in the rental market.”
Moda said smart technology will be embedded in every home to monitor temperature, air quality and light levels.
Residents will have access to the data using the MyModa app, which will also allow them to book events, form community groups and report maintenance issues.
The Moda Studio Living platform currently has a pipeline of developments worth a combined £1bn, focused on London and the South East.
Moda Living’s total rental pipeline is currently the largest in the UK, consisting of 24,000 rental homes worth a combined £6.8bn.
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