The scheme, lodged on Friday, which is on a masterplan by the Kalyvides Partnership, will feature a huge amount of work by US practice Perkins + Will and British-based Mossessian & Partners.
The project, for the Paddington Development Corporation (PDCL), takes in a large chunk of the land previously planned to be used by the failed Paddington Health Campus.
The masterplan is divided into six separate buildings:
Building A is a residential building designed by Perkins + Will. It is described as the 'landmark building' of the development - a slim, free-standing, 43-storey tower. It will provide 24,500m 2of space, with 223 residential units; 70 per cent private and 30 per cent affordable.
Building B is a mid-low-rise commercial office building, also by Perkins + Will, composed of two interlocking volumes which, along with Building C, will provide a backdrop and spatial definition to the eastern edge of the main public square.
Building C is another scheme by Perkins + Will. This scheme is also a mid-low-rise commercial office building, which, along with Building B, provides more backdrop.
Building D is a residential building designed by the Kalyvides Partnership. The building has three basement car-parking levels with plant facilities, ground-level retail, a restaurant, entrance foyers and offices, with private and affordable housing at the upper levels.
Building E is a commercial office building by Mossessian & Partners in collaboration with Perkins + Will. This also aims to be one of the landmark schemes and will primarily be for commercial space.
Building F is a residential building with ground-floor retail and childcare facilities, designed by Mossessian & Partners.
Howard Wrig, project director at PDCL, said of the planning application: 'The high design standards and the public realm improvements of the initial phase have set the benchmark, and we believe the new scheme we have put forward to Westminster City Council reflects an on-going commitment to the ultimate regeneration of Paddington Basin.'
The developer hopes planning will be granted by the end of the year, with work starting on the ground in 2007.