The new buildings at Bermondsey Square been 'topped out' with the traditional rooftop ceremony. The new square is due to open in spring 2008.
The development by Igloo Regeneration also features a sixty seat arthouse cinema (to be run by Rob Wray of Shortwave Films, founder of Elefest), restaurant and wine bar, boutique hotel, food store and office space.
The 80-room hotel – set to open in autumn 2008 – will be called The Bermondsey Square and will be run by Bespoke Hotels, the firm behind Home House in Portman Square.
The hotel will feature a bar, 'bistroteque' with wine shop and deli, conference facilities, and – say the operators – a "Moroccan roof cum terrace-garden style banqueting area".
"This strengthens the council's commitment to affordable housing, while the cinema is an exciting addition to a flourishing new residential quarter for north Southwark," says Cllr Richard Thomas, executive member for regeneration.
"Providing a new home in the heart of Bermondsey for the antiques market is a key priority, and that, along with the cinema, will further support what is already a great local community."