Developer and investor St Martins Property Corporation today submitted a planning application to Southwark Council for the redevelopment of a site beside the River Thames
The 4 acre site is located on Chambers Street near Tower Bridge.
St Martins' plans involve replacing semi-derelict warehouses with a scheme designed by architect Ian Simpson.
The scheme comprises 593 homes, of which 404 will be private and 189 will be affordable housing.
There will also be 5,170 q ft of commercial and retail units at ground-floor level, fronting Chambers Street.
DP9 is the planning consultant.