Leisure company Go Ape have signed an agreement with the local authority for a new treetop adventure course which is suitable for children aged six upwards.
The new equipment would be based in the park's former, free-of-charge, "adventure" playground site which was controversially demolished in 2012.
Installing the high-wire equipment for a variety of treetop challenges would also utilise some of the park's taller trees.
Ben Davies, Go Ape’s business development manager, said: "We’re excited to be working with Wandsworth Council to launch Go Ape’s first central London adventure course.
"Battersea Park is an iconic location with a great family atmosphere and we look forward to developing a high quality outdoors attraction for residents and visitors to the capital."
It is not known at present whether the new equipment from Go Ape will mean users will have to pay to use the playground.
But for a 10-year-old to use Go Ape's equipment for two hours at their base in Crawley, Sussex, would cost £24.
The new Go Ape course would incorporate state-of-the-art safety features and participants would be under close supervision by fully-trained members of staff.
Go Ape also estimate the site will provide up to 20 jobs for local people.
Councillor Kathy Tracey, the council’s children’s services spokesman, said: "There is no other leisure facility like this in central London.
"If approved it would offer young people and their parents a really fun-packed, challenging and confidence building activity that would fully complement the playground’s new £250,000 play equipment."
As part of the council's plan to replace the much-loved adventure playground facilities, more than £250,000 of play equipment was unveiled last summer, however, parents criticised the new equipment for not being "adventurous" enough.
A consultation has already been held with The Friends of Battersea Park and Go Ape will shortly submit a planning application, which will lead to formal consultation with local residents.
For more information visit www.goape.co.uk.
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