Southwark Council is expected to give the go-ahead to another huge development of seven tower blocks up to 48 storeys for more than 700 flats, a supermarket, hotel, and cinema at the Southernwood Retail Park.
The application, made by Glasgow City Council’s pension fund, will go before the planning committee next Thursday.
It would see the demolition of two retail sheds, currently home to DFS, Carpetright, Sports Direct and an Argos Extra.
Of the 724 flats, more than 35% will be affordable – with 148 flats let for social rent and 71 let at intermediate rent.
Architect Pilbrow and Partners, which designed the scheme, said it will create a “balanced, inclusive and sustainable new neighbourhood in the heart of the Old Kent Road regeneration area.”
“As the first phase of the Old Kent Road regeneration it will offer a renewed sense of identity and vitality to a historic part of the city,” according to its design and access statement.
The scale of the scheme means that once it is approved by the committee it has to also be approved by the mayor of London.
The scheme is one of seven approved or proposed large developments along Old Kent Road.
This includes an approved 1,130 home, office and shopping development across three towers at 48, 37 and 26 storeys approved at Cantium Retail Park, two mixed use tower blocks of nine and 18 storeys with 153 flats for Frensham Street, three blocks of between six and 15 storeys for Glengall Road, a six-storey block for the Muslim Association of Nigeria, and three buildings up to 17 storeys with 1152 flats in the Ruby Triangle.
Applications which have not yet been approved include four buildings up to 44 storeys with 420 flats on Malt Street, and three blocks between 10 and 28 storeys with 327 flats at Livesay Place.