Plans for a new 36-storey tower block beside the O2 arena in Greenwich have been submitted to Greenwich Council.

The building on Peninsula Square would be located between the iconic events venue and North Greenwich Tube station, with the space also serving as a gateway between Tube and bus services in the area.

Plans for the project, sent by Crosstree, were initially unveiled in November before being sent to the local authority this week.

Last month, plans were also submitted for two tower blocks up to 35-storeys beside the 02 Arena.

The building would reportedly include 820 student rooms, 35 per cent of which would be “affordable”. The space will also have room for shops on the ground floor, communal gardens and shared spaces such as a study room and bar.

News Shopper: CGI of how the building could lookCGI of how the building could look

Planning documents from Lifschutz Davidson Sandilands, on behalf of Crosstree, said: “The ground floor of the podium building will provide retail space that brings activity and animation onto the existing public space. This is kept as a continuous frontage on either side of the student residential entrance lobby to maximise the potential use.”

The plans show that the site was previously approved for a similar 36-storey tower block containing 262 flats in 2018. Crosstree are reportedly in the process of buying the site from previous developers AEG when they decided not to pursue the project.

Greenwich Council has also previously approved plans for an eight-storey office block to be built on the site in 2010, but plans never progressed given the viability of such a space being “lower than expected”. Another application for a tower block with 395 flats was sent in 2015, but was subsequently withdrawn.

News Shopper: CGI of how the proposed building could lookCGI of how the proposed building could look

The current plans state that the number of UK full-time students is expected to rise by 25pc by 2030, with nearly half of this growth being accounted for by international students. Crosstree said the new building would offer an “exceptional opportunity for students to live in a vibrant and well-connected part of London”.

They said: “Greenwich Peninsula is currently undergoing a period of rapid growth, with a variety of new developments and communities across the peninsula, of which this project forms a key component. The site is located in a key strategic location with the O2 arena to the north, North Greenwich station to the west and the new design district to the south.”