Waterloo's new secondary school has confirmed that it is on track to welcome its first year 7 pupils this September after it signed a funding agreement with the Department for Education.
Launched by Christian charity Oasis, the free school will have four forms of entry and will eventually have pupils in years 7 to 11.
Up to 120 students will be part of the first year 7 cohort which will start at the academy on 5 September this year.
"After 30 years of campaigning by local families, we are delighted to have the opportunity of opening this brand new secondary school in the heart of Waterloo," said Steve Chalke, Oasis founder and Waterloo hub leader.
"We aim to create an outstanding school for the young people of this community, and as part of the wider Oasis Waterloo Hub will work in partnership with local businesses, other community organisations and local schools to deliver extensive enrichment opportunities for each and every one of our students."
The academy's principal Carly Mitchell said: "I look forward to welcoming the first intake of Year 7 students this September.
"Oasis Academy South Bank will offer students the highest academic qualifications together with experiences and opportunities which will transform them as young people.
"Our location in the heart of the South Bank will enable us to offer students a broad range of cultural, business, university and community-focused links which will lead to a cutting- edge curriculum and the development of innovative teaching and learning practices."