Very much a case of "Watch this space". The design of the building is going to have to be very "sympathetic"! While Empire Square's tower creates a precedent for a tall building in this location, the presence of another so close by would really have an impact on other local residents.
Went along and a had a look. Not many people seem to have done so.
Proposals look reasonable, though of course there's the usual Southwark nonsense about retail units (or similar) at ground level. The tall element of the proposed design is going to be set back from the road and is going to be at the end of the site furthest from St George the Martyr.
There were a couple of images of the tower at the exhibition.
I think the interesting question will be the cumulative effect of a range of tall(er) buildings up Newington Causeway and Borough High Street - Eileen House, Newington Triangle, 200 GDS and possibly something of a similar scale at Brandon House.
I'm not terribly keen on having a lot of drunk teenagers yowling in the street three or four nights a week. There's enough of that already. Yes, I was an annoying teenager once, but I did my carousing in non-residential areas. ;)