ABP (London) Investment’s hybrid application is for part outline and part detailed planning permission to develop a floor area of more than 430,000m2.
The outline component of the application will see the delivery of a business-led mixed-use development of more than 370,000m2, including up to 845 new homes.
It will include retail, financial and professional services, food and drink areas, community, cultural and leisure facilities, as well as new highways and landscaping, public realm improvement works and the development of public open spaces.
The detailed part of the of the application seeks includes more than 60,000m2 of floor space comprising businesses and serviced apartments, access and connectivity improvements. The proposals will also include restoration of a listed building that will provide restaurant and leisure uses.
The permission is subject to a section 106 legal agreement. The agreement, which is still being negotiated, would see ABP provide the council with the equivalent of 35% affordable housing.