A 40m illuminated wooden sculpture could soon be providing a colourful addition to the Stratford skyline.

Plans for the The Danes Yard, Strand East tower have been submitted by developer LandProp, part of the Inter IKEA Group, to the London Thames Gateway Development Corporation.

Harald Muller of LandProp said: “We are hugely excited to be working on the Strand East site and playing our part in the wider regeneration of Stratford.

“Our focus is now to create a truly exceptional new public space at Dane’s Yard and this planning application seeks to create a wonderful landmark feature for the site designed to have high architectural quality, beautifully illuminated.”

A collaboration between architects ARC-ML and engineers eHRW, the wooden and metal sculpture features internal lighting, which can be programmed to change colour at night.

The installation is made of twisted thin strips of wood arranged in a lattice design on top of metal rings, which form its inner structure.

It is intended to be the centre piece of a landscaped public square fronted by a restaurant and exhibition space created from a refurbished industrial building.

The scheme is the first phase of the planned regeneration of the Stratford East area, lying between Stratford High Street, the Three Milles Wall River and the River Lea Waterways.

Mr Muller said a public consultation will be held later this year to give residents the opportunity to contribute to further proposals, which will be submitted at the start of 2012.