Joint venture Wimbledon Phoenix plans retail, hotel and residential development.
Developers Development Securities and Foinavon have submitted detailed planning for Hartfield Road, Wimbledon, SW19.
The pair have formed a joint venture, Wimbledon Phoenix Limited, to develop the site. The proposed mixed-use, multi-storey development will include 7,690 m2 of retail units, a 61-room hotel, a comprehensive residential scheme comprising 88 one- and two-bedroom flats as well as 220 public car-parking spaces.
Julian Barwick, Joint Managing Director of Development Securities PLC, said: "We are very pleased to be working in partnership with Foinavon on this mixed-use project. The mix of uses helps to diversify risk, and Foinavon's specialist skills, particularly in retail development, will make a valuable contribution to our joint venture."