The Southbank Centre says that the development will create "a world-class cultural centre for the 21st century" and address current problems with access and back-stage facilities.
Valerie Shawcross AM, London Assembly Member, Lambeth & Southwark, said:
“Southbank Centre’s proposals will transform a sad and unwelcoming part of the site into the centre piece of the cultural quarter which will offer the residents of Lambeth and Southwark many more opportunities to enjoy the arts”.
Peter Clegg of Architects Feilden Clegg Bradley Studios, said:
“We are delighted to have the opportunity to work with the Southbank Centre team to realise their vision of the Festival site at the heart of the city. It is a real honour to be working on one of the most significant, radical and challenging works of architecture from the 1960s.”
More top news
The Met Office has extended its weather warnings for snow and ice to cover vast swathes of the country, including London and the South East.
A total of 270,000 documents is expected to be submitted to the inquiry.
In September TfL refused to renew Uber's licence on the grounds of "public safety and security implications".