According to a pre-agenda report released by Camden Council, the planning application for the 27ha site is to be recommended for approval at the long-awaited committee meetings on 8 and 9 March.
The report follows five years of consultation about the regeneration project, which is being masterminded by the Argent Group and is to feature schemes by a raft of big-name architects, including Stanton Williams and Wilkinson Eyre.
It is understood a 'high degree of consensus' has now been reached by most of the statutory consultees, such as Transport for London, the Mayor of London and English Heritage, and that Network Rail has withdrawn five of its six objections.
Theo Blackwell, deputy leader and executive member for social inclusion and community development at Camden Council said: 'As outlined in the planning brief, Camden Council is committed to an exciting regeneration of King's Cross and achieving the best development for local people.
'Our vision is to provide real benefits in housing, jobs and community facilities, as well as creating an attractive and sustainable future environment for local people that recognises and acknowledges its architectural heritage.
'With King's Cross as the gateway to the 2012 Olympics and with the best transport links in the capital, regeneration is of huge importance for London and the South East, as well as for local people.'
The final approval will be subject to conditions and the Section 106 agreement.
The full pre-agenda report can be viewed here