Housing provider Peabody has submitted a planning application for a £120 million regeneration scheme on an estate in South London.

The organisation wants to transform the St John’s Hill estate, next to Clapham Junction train station, by building 527 new homes, 278 of which will be for social rent and intermediate housing.

It also suggests building a community ‘hub’ which would include a café, club room, crèche, learning and function rooms, plus more than 400 square metres of commercial space.

The plans include sustainable initiatives such as energy efficient lighting and photovoltaic panels, and the development would exceed the London Plan requirements for carbon emissions.

The site currently contains nine 5-storey residential blocks built by Peabody in 1936, along with two lodge buildings and other buildings that provide 353 homes, that will be demolished to accommodate the new development. Consultancy Indigo Planning helped Peabody put together the proposals.

Richard Stanway-Williams, project leader at Peabody, said: ‘Since late 2007, we have spent a considerable amount of time discussing the redevelopment of the estate with residents, along with local stakeholders and the wider community. The residents’ steering group plays an important role in representing the views of residents and will continue to do so through to completion.’