Southwark Council is developing proposals to build a new primary school in south Bermondsey.
The authority is in discussions with Southwark residents over the plans for a two-class entry primary school in 2016, bringing 240 permanent school places.
If plans go ahead, the council would be working together with the Corporation of London to open the facility on a site known as Gallywall.
Councillor Victoria Mills, cabinet member for children and schools, said: "I am really pleased that we are able to support the proposals for another new primary school, this time in the north of the borough. Not only will it hopefully be a welcome new option for local parents, it will also help us to deliver our strategy to create new, permanent places and ensure our pupils continue to have the best opportunities.”
A new website for the local community, which explains the council's plans for the regeneration of Old Kent Road, has been launched