The council and its joint venture partner Wates Residential have lodged the hybrid application to redevelop the Waterloo Estate in Romford, east London.
According to the applicants, it is the "largest council estate regeneration planning application to be submitted in London this year".
The application, which is yet to be validated by the council, seeks detailed planning on the first two blocks and outline planning for the remainder of the scheme.
The plans include more than 550 affordable homes - about 40 per cent of the total units - providing a mixture of one-, two-, three- and four-bedroom properties.
In a statement, the council and Wates said that, following a consultation event with local residents last summer, the proposal incorporates "modern, energy efficient homes with green spaces for the local community including flowerbeds, a village garden, water feature and raingarden".
Also included are "a number of workspaces and technology solutions that have been included to allow residents to work from home", while about a fifth of car parking spaces will be available for charging electric vehicles.
Waterloo Estate is one of 12 sites earmarked for development as part of Havering Council and Wates Residential’s "12 Estates" regeneration programme, which aims to deliver about 3,500 new homes over the next 12 to 15 years.
According to the council and Wates, the £1 billion scheme seeks to double the amount of council-rented accommodation in the borough and more than double the number of affordable homes.
Damian White, the Conservative leader of Havering Council, said: “I am pleased to see how the comments and wishes of local people who attended the public consultations are being included in the plans, especially around the open spaces and the village garden.
"We’re building homes that will help reduce the demand for social housing as well as prioritising local people for the homes for sale.”
Kate Ives, Wates Residential development director, added: “Submitting plans for the Waterloo Estate is an exciting step forward for the ‘12 Estates’ programme, which will deliver thousands of news homes across Havering, and follows an extensive consultation with members of the local community.
A decision on the application is expected this summer, the council said.