Social enterprise and not-for-profit development trust Coin Street Community Builders (CSCB) is awaiting a decision from the London Borough of Lambeth on its proposal to build a £160m mixed-use development on a site on Doon Street, adjacent to London’s National Theatre.

The trust, which is celebrating 10 years since it opened the OXO Tower Wharf building, is responsible for regenerating a total of 13 acres of London’s South Bank area, of which the new development will form a significant part.

The Doon Street development has been masterplanned by architects Lifschutz Davidson Sandilands. It includes an indoor swimming and leisure centre, residential flats, a new headquarters for the Rambert Dance Company, a retail area and 1,800sq m (19,400sq ft) of public open space, including a new square.

The leisure centre would also include a 120-piece gym, two aerobics studios, a four-court multi-purpose sports hall and café alongside an eight-lane, 25m swimming pool and a learner pool. It would be operated by Greenwich Leisure while capital costs and revenue subsidy will be provided from income generated by the GLL sale of nearby flats.

The Doon Street proposal was submitted in November 2005 and, according to a CSCB spokesperson, a decision is expected imminently. Details: www.coinstreet.org