The plans include the demolition of the existing buildings on the site and the construction of five new buildings ranging from five to 40 storeys in height.
The proposed buildings will comprise up to 1,046 new homes as well as 12,308sq m of retail space, 2,800 sq m of office space, a health centre, a cinema and new public amenity spaces including a public square.
The site is identified for development in the Council's Canada Water Area Action Plan (157-page / 5.3MB PDF), which was adopted in March last year.
"Sellar’s proposal is at the heart of Southwark Council’s vision for the regeneration of Canada Water," said Sellar chief executive James Sellar according to a CoStar report. "The proposal submitted is deliverable, viable and we believe they will enhance the local area. The views of the local community are important to us and we hope to continue to work alongside them to create a new town centre and identity for Canada Water."
