The structures will be part of the next phase of the 42-acre regeneration project, which has recently received planning consent.
This phase will include the first senior living accommodation at Battersea Power Station, as part of a new multi-generational community.
The development will also feature new retail spaces, public community facilities, and the completion of Electric Boulevard, London’s newest high street.
Construction is expected to begin later this year, with completion anticipated in 2029.
The two new buildings will consist of 306 new homes, extending the existing two buildings at Prospect Place, which are fully sold and occupied.
These are the only residential buildings in the UK designed by Frank Gehry, the world-famous architect and designer of the Guggenheim Museum in Bilbao.
The new designs have a modern aesthetic to reduce the carbon footprint, and green roofs will be present throughout both buildings, contributing to a minimum 10 per cent biodiversity net gain.
In a first for Battersea Power Station, one of the new buildings, Prospect Place 3, is proposed to include senior living apartments.
These will be managed by a specialist operator for over 65s and will include access to additional care and on-site facilities.
The second building, Prospect Place 4, will offer 122 new homes.
Every home within this latest phase will be unique in design.
Both buildings will sit on a communal podium, part of which extends to form a private garden square for residents.
The new phase will also add 70,000 sq ft of new commercial space for shops, cafés and restaurants.
Existing shops on the high street include children’s clothing brand Lindex, Zara, Massimo Dutti, Boots Beauty and Borough Kitchen, with more to come including WatchHouse, The Salad Project and R.W. Wolf barbers.
This phase will also introduce a 15,000 sq ft Community Hub, designed in partnership with Wandsworth Council.
Local stakeholders will be consulted on the concept, vision and on the appointment of a specialist community cultural operator, who will curate a programme offering a wide range of events and activities to complement the existing offer.
To encourage sustainable and healthy travel to and from Battersea Power Station, the new community facilities include an expanded Bike Hub, adjacent to the new Community Hub, which will have 600 spaces available for all, free of charge.
This phase will create more than 400 jobs, adding to the existing total of more than 6,800 jobs Battersea Power Station has provided to date, as well as adding to the 2,500 residents who already call it home.
Frank Gehry, founder of Gehry Partners, said: “I am very happy that the next phase of the Battersea project is underway.
“These two buildings will help our masterplan, which was designed to create the feeling of a neighbourhood, come to fruition.”
James Wixley, head of development at Battersea Power Station Development Company (BPSDC), said: “This milestone is the next step in realising the long-term vision for Battersea Power Station.
“With detailed planning consent now secured, we’re extending Gehry Partners’ distinctive architectural legacy, adding new homes while introducing senior living for the first time, and completing Electric Boulevard — London’s newest high street.
“As well as lots of new opportunities in the form of shops, restaurants and jobs, the phase also includes a new Community Hub to support local events and activities which will be designed in close partnership with Wandsworth Council and the wider community.”