Developers Native Land and Grosvenor have secured £170m of funding for Project Bankside, their residential scheme on London’s South Bank.

Bank of Scotland Corporate put up the money for the project, which will comprise 370 apartments in five buildings ranging from five to 24 storeys. Rogers Stirk Harbour + Partners is leading the design team on the scheme, which is expected to be finished in summer 2011. Hoare Lea is the services engineer and WT Partnership is cost consultant.