Proposed 44-storey tower scheme on Newington Butts revived and Cycling on Southern Elephant Roundabout?

London-SE1 is reporting that the planned 44-storey tower on 80 Newington Butts (site of the former London Park Hotel) has been revived.  In its former incarnation, it was named by the developer First Base as "London 360" and recognisable by the unusual "fins" planned for the the top of the tower.  Southwark Council approved the site for the development of a 44 storey (mostly) residential tower back in 2007, but the scheme failed to complete due to the Homes and Communities Agency deciding it no longer represented good value for money.   The Homes and Community's Agency apparently intend to appoint a new developer to continue with the old scheme (which somewhat fails to make sense of the "not good value for money" point).

You can take a look at the most recent planning application for the site (transport related proposals) on Southwark's Planning site at 11/AP/0406.  Note that the postcode is wrong on the Southwark Planning Portal; it should be SE11 4QU. 

On a geograpically related note... Last July, Kennington People on Bikes wrote to Transport for London to check whether Toucan crossings (which allow pedestrian/cyclist use) were being installed at the junction that replaced the old Southern Elephant roundabout.  TFL confirmed that they'd install a toucan crossing, but KPOB has noticed they're installing pelicans... Naughty...