Lovell has won a £269m contract with the Royal Borough of Greenwich to transform three Woolwich council estates.
The project is in partnership with asra housing group and will see Morgan Sindall’s affordable housing arm work on the demolition and redevelopment of the 1,064-home Connaught, Morris Walk and Maryon Road/Grove estates, which will be replaced with 1,500 mixed-tenure homes.
The 13-year programme of work will focus on 12 hectares of land to the east and west of Woolwich town centre.
Work is due to start in May 2014 on the scheme, designed by architects Pollard Thomas Edwards, following the successful negotiation of the planning process.
Ninety apprenticeships and a £150,000 Community Trust fund for local groups and projects will be established as part of the project.
A total of 975 homes will be for open market sale, 375 for affordable rent and 150 for shared ownership.
Asra operates throughout the Midlands and London, managing and owning 13,500 homes.
Royal Borough of Greenwich cabinet member for housing Steve Offord said: “The development will be greatly enhanced by ongoing investment in transport, including two new Crossrail stations, new businesses of all sizes, new homes elsewhere in the borough and much-improved educational and community facilities.”
Lovell regional director Peter Taylor says: “We’re delighted to have been selected to work with residents, the Royal Borough of Greenwich and asra Housing Group to deliver this wide-ranging regeneration programme, which will bring new open market and affordable housing of the highest quality to the area, along with new community facilities and infrastructure and significant employment and training opportunities.”