Olympian Homes has secured Gateway 2 approval for a planned 46-storey co-living tower at 56 Marsh Wall on London’s Canary Wharf.

The 833-studio room project is the tallest scheme of its kind in the UK to clear the Building Safety Regulator hurdle.

Contractor RG Group will deliver the developer’s first wholly co-living scheme under its new Vivus Living brand, which will be rolled out with further planned London projects.

Leeds-based Demolition Service is now expected to start site clearance work in April, with RG hoped to start on the Docklands site this Autumn.

The tower will deliver studios averaging 24 sq m, slightly larger than much of the current market, with amenity space distributed throughout the building rather than concentrated at podium or roof level.

Facilities will include commercial-scale gym space, spa and wellness areas, living and dining lounges and flexible workspace.

A hotel-style offer is planned, with 24-hour concierge, food and beverage services including room service, plus private meeting and function rooms.

As of last year, Olympian has 1.8m sq ft of PBSA and build-to-rent under construction across six sites. Marsh Wall marks its first pure-play move into the co-living sector.

Vivus Living will initially focus on London, where Olympian has identified a £2bn pipeline, before expanding into other major UK cities.

Savills has been appointed to seek equity partners for the Marsh Wall scheme and the wider Vivus roll-out.

Chairman and founder Mark Slatter said: “This milestone is the culmination of five years of hard work on the planning and the Gateway 2 process.

“It has not been easy, but the BSR regime is improving all the time.

“In my 33 years in the business, this scheme and the Vivus brand is by far the most exciting project I have been involved with and we look forward to finding the right equity partners in this still very challenging market to deliver this much-needed affordable alternative to BTR.”