Charity OnSide, which already runs eight youth zones across England, has submitted a planning application for the project to Barnet Council.
The local authority will contribute £4.2m towards the development costs of the state-of-the-art youth facility, which will be open to all young people seven days a week.
OnSide has committed to raising the remaining capital costs as well as annual revenue expenses of £1m, which it will source from charitable trusts, grants and private donors.
Named Unitas, the centre will provide 20 activities a night including football, boxing, climbing, creative arts, music, drama and employability training, for a 50p entrance fee.
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