The architect had originally been asked by developer Land Securities to design a residential tower on the Sumner Street plot behind the world-famous gallery.
However, the future of the scheme was thrown into doubt after the two-acre site was sold to new owners - a joint venture headed by Clan Real Estate and Grosvenor.
Now it seems that Rogers could be back in line to land the replacement £125 million mixed-use scheme after Native Land, a 50 per cent shareholder of Clan Real Estate, asked the architect to carry out preliminary studies for the revamp of the site.
The development would border Allies and Morrison's scheme on Bankside 1 and the controversial Philip Gumuchdjian tower to the south-west of the Tate Modern.
Alasdair Nicholls, chief executive of Native Land, said: 'Bankside 4 is situated in one of the capital's best-known locations.
'We have asked Richard Rogers Partnership, who enjoy a world-class reputation, to look at ways in which we can bring the site forward. We are aiming to begin consultation with local residents this summer.'
Andrew Morris, director of the Richard Rogers Partnership, added: 'The Bankside area has, in recent years, gained a reputation for developments based on high-quality design.
'We are confident that Bankside 4 will deliver a scheme that will make a significant contribution to this key regeneration location.'
A planning application for the scheme will be submitted towards the end of 2006.