Developer Englewood has won permission to build a 41-storey, 335-home apartment block at Newington Causeway near Elephant & Castle.
London mayor Boris Johnson gave the proposals - for the site of Eileen House, next to the Ministry of Sound nightclub - the green light after the plans were originally rejected by Southwark Council in 2011.
Englewood’s scheme includes 65 shared-ownership flats, a new public square, and shops at the building’s ground floor level.
The revised plans boast additional soundproofing measures, including acoustic glazing, to allay concerns from the Ministry of Sound that new residents to the building would automatically want to close the venue down because of noise levels.
Greater London Authority planning officers advised Johnson to approve the scheme, stating that while further noise mitigation was not deemed necessary to make it acceptable in planning terms, it would “provide comfort” to the development’s residents.
Johnson said the revised scheme would deliver much-needed housing for the area while ensuring that the club – which he described as “one of London’s leading cultural and musical icons” – could continue to thrive.
“The Ministry of Sound makes a huge contribution to the area’s night time economy,” he said.
“We want the club to be at the heart of our plans to transform the area into a thriving town centre which is attractive to live in, work in and play in, particularly for young people and students.
“I have fully considered the concerns raised by the club, and having visited the site myself believe that, on balance, the amendments to the original plans should allow residents of the new development to coexist with visitors to the club.”
The development sits within the Elephant & Castle Opportunity Area – one of 33 areas designated by Johnson with significant capacity for new housing, commercial and other development.
The Elephant & Castle Opportunity Area will see the transport interchange completely overhauled with improvements made to the physical environment and open spaces. In total, over 4,000 new homes and 5,000 jobs will be created.
A new website for the local community, which explains the council's plans for the regeneration of Old Kent Road, has been launched