VSM, a joint venture between VINCI UK Developments Ltd and St Modwen Developments Ltd, was appointed by Covent Garden Market Authority in 2011 to redevelop New Covent Garden Market.
As one of the largest regeneration projects in the country, the overall redevelopment of New Covent Garden Market will provide for a rationalisation and transformation of the existing 57-acre market site onto a smaller footprint of 37-acres, releasing 20-acres for a mixed-use redevelopment which will create a vibrant and distinctive new London District once complete.
The Apex site is one of four surplus land sites which form part of the ongoing transformation of New Covent Garden Market by the VSM partnership under a Development Agreement with Covent Garden Market Authority.
VSM received Planning Approval in March 2022 for the latest phase of development on the surplus land, known as Apex 1. The Apex 1 residential tower will deliver 201 apartments over 26 storeys and includes retail and amenity space.
Designed by Glenn Howells Architects, Apex 1 is the first building of the wider Apex development site which has outline consent for a further 422 homes and commercial space.
Apex 1 will be a highly sustainable, near net zero development, and will incorporate an architecturally distinctive two-storey Pavilion housing ground floor retail and a first-floor amenity area for residents, as well as a roof garden. The development will include significant public realm, providing a permanent landscaped pedestrian link between the Nine Elms Linear Park and Nine Elms tube station.
