DEVELOPERS Menta are seeking permission to pull down the former Bank of America offices in Cherry Orchard Road, East Croydon.
A demolition order would be a precursor to proposals from Menta, in conjunction with housing developer Redrow, to build a total of 290 new homes on the site.
The mix of one, two and three bedroom flats would be provided in four new buildings.
Menta and Redrow will be making a second pre-planning application presentation to the council's strategic planning committee on Thursday.
Menta boss, Craig Marks, said the development proposals were largely similar to those outlined to a meeting of the committee in March.
But it will take into account issues raised by committee members including concerns about the affordable housing in the development.
He said: "Our consultation with residents about the development has gone very well and people are generally very supportive.
"We have got an opportunity for really delivering on that site."
Menta is also behind the 54-storey Morello residential tower, nearby in Cherry Orchard Road.
Mr Marks said in March he hoped work on the Morello tower would start early next year.