Stanhope and the BBC have submitted their planning application to redevelop Television Centre, the renowned former home of the UK's national broadcaster.
The plans include turning TVC into a mixed-use development, with office and studio space for the BBC.
It will feature free entertainment and leisure facilities, public open spaces, offices, housing and a hotel.
The forecourt of the building, made famous during outdoor broadcasts of programmes like Top of the Pops, will be remodelled to include new shops, leisure and entertainment uses, together with access through the site.
Stanhope, together with funding partners Mitsui Fudosan