A former college campus and office block next to Oxford Street are set for a major refurbishment.
Berkeley Estate Asset Management, acting on behalf of long-term site owner Oxford and City Holdings Ltd, has proposed a "deep retrofit" and extension of 33 Cavendish Square.
This includes refreshing the site's three towers and removing their core to create a more open-space plan.
The owners want to demolish all low-rise buildings surrounding the towers, known as a podium, and replace them with modern retail space, according to a planning application before Westminster City Council.
This includes tearing down the former College of Fashion campus and replacing it with an eight-storey block and deepened basement.
The towers will remain as office space with floors between the 17th and 19th

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