Wedoany.com Report-Oct. 24, In April 2026, construction is set to begin on a 22-storey residential tower in Smithfield, following approval from the Building Safety Regulator (BSR). The £130 million project will be led by FP McCann, responsible for the design, manufacture, and installation of the precast concrete frame. Prosperity Developments will serve as the management contractor for the development.

The project will deliver 305 contemporary apartments and include commercial space on the ground floor. It is scheduled for completion in the fourth quarter of 2027, with plans for submission to Gateway 3 and an occupancy target set for the first quarter of 2028.

A spokesperson for FP McCann stated: “We are immensely proud to have achieved Gateway 2 approval for Smithfield Plot 1. This is a testament to our team’s hard work and dedication, as well as our close collaboration with Prosperity Developments and our project partners. It highlights our technical proficiency and unwavering commitment to delivering safe, high-quality buildings. A full precast solution for a 22-storey structure allows accelerated construction, exceptional quality control, and a more sustainable build process.”

The use of precast concrete is expected to streamline construction, enhance quality, and support sustainable building practices. The project represents a significant step in providing modern residential and commercial spaces, aligning with high standards of safety and efficiency.