A planning application by property group Sellar and Investec Private Bank for a 1.5 million sq ft residential development in Canada Water has been recommended for approval.
Southwark Council is holding its planning committee meeting next week, where a decision will be made over the proposal to redevelop a 3-ha site on Surrey Quays Road, property website CoStar reported.
The project would see the demolition of existing buildings at the site and up to 1,030 homes built in their place, which include studio flats, one, two, three and four-bedroom properties.
Retail and office space are also included in the plans, as well as a health centre, cinema and parking facilities.
Architects Maccreanor and David Chipperfield are the design partners for the project.
Southwark Council has given the go-ahead for the compulsory purchase of Elephant and Castle shopping centre which is due to be redeveloped…