Work will start imminently on the 262-unit development, named ‘THE BeCa’ which has a project GDV of £160m.

The former Carpetright warehouse site at 651 Old Kent Road will feature two towers reaching 10 and 19 storeys high designed by architects Farrells.

The development will also offer over 10,000 ft of retail space with Sainsbury’s Local already signed up to occupy on completion of the development.

HG Construction will leverage its extensive internal delivery capabilities on the project, handling piling, concrete frames, bathroom pods, and mechanical and electrical services.

Adam Quinn, CEO, HG Construction said “We have been involved in a number of schemes in the Old Kent Road area over the past few years and it is wonderful to see the regeneration progress at pace with major new schemes completing and more on the way.

“This new high quality mixed-use residential development will significantly boost the housing offering in the area and provide an excellent amenity and retail offering for residents.

“We are committed to working collaboratively with Avanton, our suppliers and the local community and look forward to developing solid new relationships and positive community links as the scheme progresses.”

The development is expected to complete in winter 2026.