The Liverpool-based firm plans to transform a brownfield site at 2 Armoury Way in Wandsworth with two 10-storey towers.
The location is part of the “Gasholder Site, Armoury Way” area, a key component of Wandsworth’s recently adopted Local Plan, which has been designated as ideal for mixed-use redevelopment.
Its Armoury Way project aims to achieve a BREEAM Outstanding rating for the student accommodation.
Ian Harrison, projects director at Downing, said: “We are excited to bring forward our plans for this dynamic student accommodation and commercial development space in Wandsworth.
“Our new scheme will deliver a best-in-class environment for its users and will regenerate abrownfield site.”
Downing’s student accommodation portfolio includes prominent sites in major cities including London, Manchester, Edinburgh, Newcastle, Leeds and Liverpool.