John Prescott has vowed to announce his decision over the future of Farrells' contentious redevelopment of Lots Road, in Chelsea, in the next month.
The ODPM is due to say whether it will back the scheme, which has faced a lengthy appeal process since its initial refusal in 2003, by the end of January.
If the project wins the green light it will see the transformation of the power station and the construction of 10 new buildings, including two residential towers on the waterfront. ( Lots Road heads for appeal
In March 2004, developer Circadian submitted papers to the planning inspectorate, appealing against the November 2003 decision taken to block the scheme by the Royal Borough of Kensington and Chelsea.
As the site straddles two boroughs, the developer asked the Government Office for London to call in a separate application lodged with Hammersmith and Fulham council, so the whole project could be considered at the same time.
Describing the project, Terry Farrell has said: 'It is both the building and the place that matters in our creative endeavours. We need more architecture that people like and can relate to, and an understanding of how best to build upon London's existing qualities.' by Rob Sharp