The approval clears the way for developer Delancey’s plans to replace the once iconic shopping centre with a new town centre-style scheme with new homes, shops, a new university college and a new Northern Line station.
Designs by architects Allies & Morrison include a 35-storey tower, plus c.175,000 square feet of retail and restaurant space. 35% of residential will be affordable units.
Demolition of the existing shopping centre in Southwark is now expected to get underway in the new year.
