The system put forward to Wandsworth Council includes 3,700 homes, as well as 500,000 sqft of retail space, restaurants, a hotel, and community and relaxation facilities.
The site was bought in 2006 by Real Estate Opportunities, and its majority investor Treasury Holdings was appointed to lead the development. However preliminary plans produced were deemed incompatible, and architect Rafael Vinoly was brought in to work on the scheme.
The latest plans are designed to place the power station at the centre of the development. None of the adjacent buildings will be higher than the shoulders of structure, which will be converted into offices, shops, restaurants and housing.
The project is designed to lead to wider regeneration of the area.
Rob Tincknell, managing director of Treasury Holdings UK, said: ‘After two years of consultation, we are confident that we have the right scheme for this crucially important regeneration.’
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