The paper presents the results of a detailed design, evaluation and trade-off of a potential European Space Surveillance and Tracking (SST) system architecture. The results have been produced in study phase 1 of the on-going "CO-II SSA Architectural Design" project performed by the Astrium consortium as part of ESA's Space Situational Awareness Programme and are the baseline for further detailing and consolidation in study phase 2. The sensor network is comprised of both ground- and space-based assets and aims at being fully compliant with the ESA SST System Requirements. The proposed ground sensors include a surveillance radar, an optical surveillance system and a tracking network (radar and optical). A space-based telescope system provides significant performance and robustness for the surveillance and tracking of beyond-LEO target objects.