The council wants to work with urban masterplanning experts to create separate Urban Regeneration Frameworks in Plumstead, Woolwich, and Abbey Wood.
These areas are seen as having significant potential for positive change.
Councillor Anthony Okereke, leader of the Royal Borough of Greenwich, said: “Greenwich is open for business, and it is open for investment, and now is the time to seriously engage with everyone who wants to help unlock the economic potential of our brilliant borough.
“It is why we have set aside over £700,000 in funding to bring forward new urban regeneration which will help drive that growth and investment.
“Greenwich is ready to play a key role in turbocharging London’s growth, from our riverfront, which holds so many development opportunities, to town centres such as Woolwich, Abbey Wood, and Plumstead which have a rich heritage that is waiting to be added to.”
The teams will also engage with the local community and other key stakeholders to help the council shape the frameworks and agree on a vision for each area.
The council is inviting proposals until May 29, with the successful bidders awarded the contracts in July.
Those wanting to register their interest can do so on the Royal Borough of Greenwich’s website.
Majid Rahman, councillor responsible for planning, estate renewal, and regeneration, said: “For our borough to thrive we need to find new ways of driving economic growth which will benefit our residents and those who choose to move to this part of London for generations to come.
“The three teams who are successful in winning these contracts will play a vital role in helping us to deliver our 10-year regeneration plan across the borough, ensuring that not only are the needs of local people met but that our area is attractive to inward investment and development opportunities.
“We are serious in our mission to unlock more economic potential across the borough and the teams we appoint will help bring fresh perspectives that will help us do exactly that.”