The joint venture development will comprise 38 two-bedroom apartments and two, three-bedroom suites with prices starting from around £175,000 ($250,000). Underground parking will be provided for each apartment as will a concierge service. Completion is anticipated in Summer 2002.

David Rick, sales and marketing director for Berkeley Homes' City and East division said:, 'We are building here because of changing social trends. A lot of people want to live closer to their work, cutting down on travelling and increasing leisure time.'

Croyon provides regular rail services into central London and is a popular shopping and entertainment venue as well as being one of London's biggest suburban office locations.

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