The London School of Economics has teamed up with Bouygues UK and investor Equitix to transform its Bankside House halls into nearly 2,000 student rooms across three landmark towers.

The scheme near the Tate Modern Gallery has been designed by Carmody Groarke and Sheppard Robson.

It will replace the dated mid-century block with stepped buildings of 24, 26 and 28 storeys, linked by pavilions and wrapped around landscaped courtyards.

Subject to approval by Southwark early next year, demolition would start in 2027 with the new Bankside residence opening before September 2032.

Old Bankside House student accommodation will be demolished to make way for the new towers

Julian Robinson, director of estates at LSE, said the project was about more than accommodation.

He said: “By delivering nearly 2,000 beds at sub-market rents, we’re easing pressure on London’s housing market while ensuring talented students can live and thrive in the heart of the city.”

Sustainability credentials include an all-electric energy strategy, roof-mounted solar PV, BREEAM Excellent targets and an aspiration to Passivhaus performance.

Bouygues UK managing director Oliver Campbell said: “We aim to provide a great student experience while being a good neighbour to the community of Bankside.”

The professional team includes structural/civil engineers, AKTII and MEP Engineers, Atelier Ten.