The application was lodged by Galliard Homes in association with AFC Wimbledon Football Club.
The masterplan for the project is designed by architect Sheppard Robson; Wilson Owens Owens designed the new football stadium.
The centrepiece of the scheme is a new 20,000-seater football stadium, with an initial capacity of 11,000, which will serve as the new home of AFC Wimbledon, the club that emerged in the wake of the old Wimbledon FC’s move to Milton Keynes in 2003 and has already climbed to Football League Two.
Around the new stadium Galliard Homes will build a mixed-use development providing 602 mixed tenure apartments, a sports club with six squash courts, and a 13,700 square foot retail outlet.
The three new apartment buildings will be built to the south, east and north of the football stadium in a series of linked contemporary buildings rising from six to 10 storeys high.
Demolition of existing stock car and racing track buildings on the site will begin on site in the second quarter of 2016, the developers said, with the project having a three-year construction programme. Galliard Homes will be responsible for building the residential, leisure and retail aspects of the project with AFC Wimbledon leading on the construction of the sports stadium.
This is the third sports stadium project that Galliard Homes has been involved in, the others being the Emirates Stadium (Arsenal) and Upton Park (West Ham).