A proposal for the first crossing of the Thames in over a decade has been submitted for planning approval.
One World Design, a Battersea based architectural practise, want to build a foot and cycle Jubilee Bridge marking where the Queen boarded her barge at the start of the flotilla.
The new bridge will allow passengers easy access to Fulham, Imperial Wharf station, Chelsea and Battersea.
It is hoped it will integrate the north and south, connecting pedestrians to leisure facilities on both sides of the river.
The freestanding bridge is estimated to cost £22m to build, with plans to gain backing from the private sector in a similar way to Barclays cycle hire or the 02 arena.
Chris Medland, director of One World Design, said he believed the area could benefit from a bridge ever since he moved to Battersea 10 years ago.
He said: "A new pedestrian and cycle crossing here, now, will be a fitting legacy for the Diamond Jubilee celebrations and one which makes financial and common sense."
The proposal is being funded by Hotel Rafayel and Palace Investments.