Wandsworth London Borough Council has approved a plan for the £1bn Ram Brewery project in Wandsworth, London.

The project’s plan includes construction of a micro-brewery, a brewing museum, 661 residential homes and around 107,600ft² of leisure space.

The entire project will be managed by Minerva, the developer which submitted the plan to the council.

However, Wandsworth Council’s decision follows improvements and refinements to the initial plan after a series of consultation meetings between the Council, English Heritage and the local community.

Opened in 1831 by Charles Allen Young and his partner Anthony Fothergill Bainbridge, the Ram Brewery suffered its first setback in 1832 when a fire destroyed most of the brewhouse, but was quickly rebuilt and the brewery was added with a new beam engine in 1835.

In 1883, another fire damaged a part of the brewery, but was rebuilt in the next year.

The Ram Brewery was officially closed on 25 September 2006.

Minerva joint chief executive Tim Garnham said the decision of the Wandsworth Planning Committee brought a huge boost for Wandsworth town centre.

"We have worked hard to create a scheme which will showcase the site’s heritage buildings as well as provide new public spaces, incorporating the restoration of the River Wandle and establish the High Street as the centre of Wandsworth," Garnham added.

"As well as regenerating a significant area at the heart of Wandsworth town centre, the plans will act as a catalyst for further local investment including the Council’s plans to redesign of the gyratory which will see the majority of traffic removed from the town centre."