The Croydon Council Urban Regeneration Vehicle (CCURV), a partnership between Croydon Council and John Laing, has secured approval for the redevelopment of Taberner House in London, UK.
Architectural firm Make designed the mixed tenure residential scheme, which will replace the existing 1960s office block with about 420 new homes in Croydon town centre.
Taberner House, the former headquarters of Croydon Council, is being redeveloped as part of the council's £450m regeneration plan for the borough.
It will feature five new buildings and enhanced neighbouring Queen's Gardens with new retail space to create a public area.
As per the plans, pedestrian routes through the site will be enhanced and opened up, linking the development with the local community.
A series of character areas within the gardens will be introduced and the improvement of The Queen's Gardens will feature new and upgraded pedestrian paths.
Make said the design addresses issues such as poor connectivity to surrounding areas and safety, and will provide a range of additional facilities for the public.
Make lead project architect and partner David Patterson said the design of Taberner House supports Croydon's regeneration plans and will create a new era for the architecture of the town centre.
"Our hope is for Taberner House to be an important new asset for the Croydon community and the start of the regeneration process," Patterson said.
The redevelopment of the site is anticipated to start this December and the first phase will include 230 private rented units in a 32-storey tower.
Places for People will develop the remainder of the scheme, which will house around 220 flexible tenure sales units in four lower-rise pavilion blocks.
CCURV chair Jayne McGivern said: "Taberner House has reached the end of its economic life and its redevelopment will deliver significant value uplift for Croydon Council and help meet the significant demand for housing within commuting distance of London."