The developer is working with Jon Matthews Architects to redevelop a site on Rochdale Road close to the Marble Arch pub.
Featuring two blocks of 13 and 11 storeys, Mulbury’s latest scheme would comprise 223 one-, two-, and three-bedroom apartments and 14 duplex townhouses.
The project is being delivered by Portwood Developments, a vehicle owned by Mulbury.
The project team for the scheme features Ridge as the structural engineer, WSP as the planning consultant, Planit-IE as the landscape architect and Russell Bolton Consulting as the cost consultant.
Mulbury is developing several schemes within New Cross, one of seven neighbourhoods that make up the wider £4bn masterplan.
The Rochdale Road project sits on the border of the New Cross and New Town zones and takes the number of Mulbury’s pipeline units in this area of the city to 615.
Other Mulbury schemes nearby include a £37m, 161-apartment development on Bendix Street, a £32m block on Oldham Road featuring 144 apartments, and the 73-unit Peeler’s Yard on Goulden Street.
All three of those schemes were designed by Tim Groom Architects.