The mixed-use scheme, known as New Bondway, has been designed by Kohn Pedersen Fox Associates and will provide 450 flats, offices and shops.
The 170m tall scheme has been nicknamed the Jenga tower because several elements of the main building are cantilevered giving it a blocky appearance.
Plans approved by the Borough of Lambeth propose a main tower of private flats and a smaller 23-storey linked building which will rise to 82m.
This smaller building element will contain mostly affordable housing, topped with office space and a large roofing garden terrace.
The proposed building will also contain an indoor swimming pool, a gym and ranks as the most ambitious scheme proposed to date by McLaren Construction’s property arm.
The scheme is taller than a previous 150m high proposal from another developer for the site, known as Vauxhall Bondway Tower, which was turned down over three years ago.
The Bondway site is currently used for self-storage warehousing and offices. E C Harris is project managing, with WSP acting as structural consultant and MTT on board as services engineer.
Demolition and construction works are anticipated to take around 55 months to complete. It is understood construction work could start in 2015.
