The addition of a further 88 homes, brings the total rental flats to 1,624 homes.
Contractor Sisk is understood to have secured the first high rise building jobs to come out to tender at the site ahead of fellow bidders Balfour Beatty, Mace, Multiplex and Wates.
Greystar appointed HTA as the masterplan and landscape architect, and the buildings have been designed by a combination of HTA, Hawkins Brown and Arney Fender Katsalidis.
The site will create a new community in the heart of Zone 2 in London incorporating new homes for a range of rents, a new secondary school, play areas, cultural and retail spaces.
Dan Thompson, managing director – Development, Greystar: "Our scheme in Bermondsey has been purpose-designed with renters in mind, leveraging our 30 years of experience providing high-quality homes for occupiers around the world.
"This is a significant milestone for our development at the historic biscuit factory, which promises to deliver a thriving new community in the heart of the UK's capital city."
The initial plans for the Bermondsey Biscuit Factory site were approved by the GLA in February 2020 and designated that the site would be entirely BTR.
As the first vertically integrated build-to-rent platform in Europe, the site will be managed by Greystar once complete, with residents benefiting from access to unparalleled amenities tailored to their needs, and the high standard of customer service delivered by Greystar's on-site teams.
Source; Construction Enquirer