Wandsworth Council has approved a â€˜once in a generation masterplanâ€™ to transform part of the Alton Estate.
The London boroughâ€™s planning applications committee approved the plans last week, with only one vote against.
The final decision on the scheme now rests with the mayor of London, Sadiq Khan.
The regeneration scheme will deliver more than 1,100 new homes, including 261 council homes â€“ an increase of 103 on current levels.
The development will be phased to ensure residents can move straight into their new homes on the estate, if that is their choice.
The proposals will also deliver new community facilities including a new library, youth centre, community hall, GPs surgeries, childrenâ€™s nursery and childrenâ€™s centre together with new shops and business space.
â€˜Wandsworth Council is absolutely committed to the regeneration of the Alton and this is a significant milestone for what is an important scheme,â€™ said council leader, Cllr Ravi Govindia.
â€˜This regeneration has always been more than just about bricks and mortar Whilst this scheme will transform the lives of those that move into new homes, the wider community will benefit from the new jobs and training opportunities as well as access to better community facilities and open spaces that will ensure the Alton remains a place that people are proud to call home.â€™
The council recently took over the planning application following the departure of its former development partner, Redrow Homes.
A decision on the route to find a new developer is expected before the end of the year with the procurement process commencing in early 2021.
Photo Credit â€“ Free-Photos (Pixabay)