This £1bn, three-tower mixed-use development has been unveiled by Allies and Morrison on the site of Elizabeth House next to Waterloo station in south London.

It will include a 33-storey residential tower for 280 flats, and two office blocks, one 28 storeys high, the other 12 storeys. The plans will provide more than 130,000m2 of office, residential and retail space. Client P&O Estates and Morgan Stanley Real Estate submitted a planning application for the development last week.