Four architectural practices have been shortlisted to redesign Eveline Lowe Primary School on Marlborough Grove.
The school is housed on a split site in a 1967 low-rise building and an Edwardian building on either side of Marlborough Grove.
The 378-pupil school is to be expanded with the junior school will be rehoused in a new building and the infant school refurbished.
Southwark Council launched a competition in October 2006 to identify architect-led teams to redesign Eveline Lowe along with Michael Faraday Primary School on the Aylesbury Estate and Southwark Park Primary School.
The four practices shortlisted for Eveline Lowe are HKR Architects, Haworth Tompkins (responsible for the Young Vic and the new Stamford Street Neighbourhood Centre), Haverstock Associated Architects and van Heyningen & Haward.
The final selection will be made via the assessment of concept designs and through competitive interview. It is anticipated that the results of the competition will be announced in the summer.
"Shortlisting ... from such a strong field was incredibly difficult, and meant there were some extremely good architects who didn't make the shortlist," says Paul Monaghan, RIBA architectural adviser and jury panel member.
"Choosing to go down the competition route has been a brave and progressive move by the London Borough of Southwark. The quality of architects from which they had to select proves this to have been the right decision."
Cllr Caroline Pidgeon, Southwark Council's executive member for children's services and education, said: "We have received an overwhelmingly positive response to our design competition and we're very pleased to have attracted leading architects to work with us on transforming our schools.
"Southwark Schools for the Future is the biggest investment in our schools for 50 years – all of our pupils and teachers will benefit enormously. These projects will dramatically improve the physical environment of our schools and this will be complemented by the most up-to-date technology and resources."