Dolphin Living has bought the lease for 25 affordable homes in Marylebone Square from Moxon Street Residential.

These homes, ranging from one to three bedrooms, will be available for rent from £180 per week, exclusively for those living or working in the borough earning from £32,000.

The building's construction started in 2016 and is expected to be completed by Q3 2023. Marylebone Square is a £106m project replacing the old Moxon Street car park. It features a distinct art-deco façade, commercial units on the ground floor, and residential units above. It also includes a glass-canopied courtyard, similar to a traditional garden square.

Marylebone Square will serve as a community hub, offering spaces for wellness activities, a health club, and the Farmers Market. It will also provide learning spaces for a local school. The basement of the building has private parking for residents and public parking for visitors.

Olivia Harris, Chief Executive of Dolphin Living commented: "We're pleased to be delivering much-needed intermediate rental housing in Marylebone in partnership with Moxon Street Residential. The pandemic, followed by the cost-of-living crisis, has left many of London's workers struggling to afford to live within a reasonable commute of their workplace. Rents are rising more quickly than wages and families are preparing for higher-than-ever energy bills this winter. We must not sit by while those who kept the city running throughout the pandemic are left struggling. It is our turn to support them by tackling the root issue and providing genuinely affordable homes in the centre of the city. We're pleased that the homes at Marylebone Square address the issue to an excellent standard."

Gavin de Klerk, Development Director, Moxon Residential, added: "We are pleased to be partnering with Dolphin Living to add affordable housing to the Marylebone area. Providing accessible, quality homes to the communities in and around London is vital to the capital’s long-term success and we are delighted to contribute."