Lend Lease has submitted a planning application to the London Borough of Southwark in the UK to construct a 37-storey residential tower as part of its regeneration of Elephant and Castle.
The tower will be on the 0.56ha St Mary’s site and feature 284 homes; it is part of the £1.5bn regeneration of Elephant and Castle area in south London.
Lend Lease Elephant and Castle project director Rob Deck said: "We will create a place, which has not only high-quality homes and impressive design and architecture, but which also enables residents to reduce their carbon footprint and live in a healthy environment where they interact in community gardens and spaces."
Designed by the UK based architectural practice Squire & Partners, the development will comprise a four-storey pavilion with a residents’ roof garden and 7,000ft² of ground floor space for shops, restaurants and other businesses.
The other features of the development include an outdoor living space for every apartment, drainage systems that re-use rainwater for landscaping and water features, ventilation to provide air inside homes and latest technologies to supply energy, water and power.
Lend Lease has also agreed to provide £20m of funding to Southwark council to construct a leisure centre, which is due to open in summer 2014.
The funding is part of the deal for the Elephant and Castle regeneration project and for the new leisure centre building the developer will submit a separate planning application.
The London Borough of Southwark’s planning committee is expected to take a decision on the planning application by the end of 2012 and the developer is expected to start construction in the middle of 2013.