London art college Goldsmiths has selected architecture firm Assemble-designed master plan for the new gallery that is set to open in the autumn of 2016.
The £1.8m gallery will be host to exhibitions, projects and residencies by UK artists and curators.
In addition, the gallery will provide university staff and students with opportunities to showcase their exhibitions and research projects.
Located opposite the Ben Pimlott building on the Goldsmiths campus, the new gallery will be a converted bathhouse featuring the black steel water tanks that were used for the Laurie Grove baths.
The project master plan also includes developing two steel frame lanterns for use as gallery's space.
In May, Goldsmiths floated a tender seeking architectural firms to design the new gallery.
More than 80 firms submitted applications of which six were shortlisted, including Assemble, 6a Architects and HAT Projects.
Panel member Sir Antony Gormley said: "The arrival of a gallery is an important moment in the development of Goldsmiths.
"This will become a resource for the university and for London: a place where students and the wider public can experience and test-drive new forms of art as well as see relevant examples of art from the past, ancient and modern.
"It will be a place where curators can exercise their skills, artists both international and from the college can make, exhibit and discuss their work and where all the ways in which Goldsmiths extends our understanding of the culture of our time can be shared with a curious public."
Assemble officials Paloma Strelitz and Adam Willis said: "We envisage the gallery becoming a new centre for the arts in South London, and are honoured to contribute to an institution that is further promoting its identity as an inspirational source of creativity for students, practitioners and the public.
"The Victorian bathhouse at Laurie Grove offers a series of extraordinary found spaces. The cast iron water tanks have a powerful materiality which will be preserved and amplified, whilst new top-lit galleries will provide a rich spatial counter-point in an ensemble offering unique opportunities for the display of art."
Image: Exterior view of the upcoming gallery at Goldsmiths' campus in London. Photo: courtesy of Goldsmiths, University of London.