CLS Holdings, a property company headquartered in Vauxhall, has announced that it submitted a detailed planning application for a 154,000 sq mmixed-use development scheme in Vauxhall, London.

The proposed Vauxhall Square redevelopment is located close to Vauxhall's transport interchange and comprises: two residential towers of approximately 50 stories containing 510 homes and 15,231 sq m of office space; 3,500 sq m of retail, restaurant and café space; 416 student units; a 438 bed hotel; a 4 screen cinema; 94 affordable housing units; a new homeless hostel; a major new public square and public realm improvements.

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Vauxhall Square is at the heart of the Vauxhall Nine Elms regeneration area between the Vauxhall transport links and the proposed new US Embassy.

Subject to receiving planning consent, CLS would aim to start on site in 2014, with phases being completed from 2017 onwards. The development cost of the proposed scheme is in excess of £400 million.

(CD)