DEVELOPERS want to capitalise on one of the last remaining vacant sites close to central London.

A planning application has been made for 359 new homes and a 236-room five-star hotel on a brownfield site close to Tower Gateway DLR station.

The proposal wants to take advantage of housing and hotel demand on the ‘City fringe’ and wants to provide extra facilities for the community including a leisure centre and youth club.

Current plans are for two buildings of 13 and 14 storeys on land bounded by Royal Mint Street, Mansell Street and Chamber Street.

Historically, the site has been used as a rail freight goods yard depot and most recently as a car park.

Joint applicants ZBV (RMS) Ltd and Network Rail claim the land is currently a “visual blight” on the area and has a negative impact on the nearby tourist hotspots.

They argue the area’s excellent transport links and proximity to the City offer a real chance for employment opportunities and regeneration in a deprived area of Tower Hamlets.

Councillors are likely to give their verdict on the application later this year.