Wates has scooped a contract on a £73m project to regenerate a 1960s housing estate in the London borough of Bexley.
The Surrey-based firm was picked by housing association Orbit to manage the design and build of 280 homes on the Arthur Street estate in Erith.
About 80 per cent of the homes will be for affordable rent and shared ownership, Orbit said.
The estate currently consists of three 13-storey tower blocks and a number of low rise blocks.
“Despite substantial investment since the transfer from the London Borough of Bexley in 1998, many components are now failing and the blocks no longer meet modern standards,” Orbit said.
Wates and Orbit are due to submit a planning application next summer, following consultation with the local community.
Orbit hopes to have the first homes completed by 2022.
HKR Architects will deliver the masterplan and the scheme’s design.
The project will be boosted by £10m awarded through the government’s Estate Regeneration Fund and the Greater London Authority’s Affordable Homes Programme.
Wates has been working with Orbit on regenerating the Larner Road Estate, close to the Arthur Street estate.