Graham Construction has been chosen by one of London's oldest housing associations, Peabody, to deliver phase four of a mixed-tenure, new build housing project, designed around five semi-private and secure courtyards on the Cooper's Road estate in Southwark.
The £7 million contract is for the delivery of the final phase of the scheme, which has so far seen the demolition of five 1960s blocks of flats.
In its place, 47 homes will be constructed, including four bedroom houses, three bedroom maisonettes and one, two and three bedroom flats.
Peabody development manager Patrick Duffy said: "We are delighted to be able to work with Graham Construction to complete what we started in 2000 by delivering the original Cooper's Road Estate regeneration masterplan. We learnt a lot through our consultation with residents, whose influence on the design will be reflected in the finished buildings.
"We are proud of the high quality design and sustainability principles in this development. We look forward to offering local employment and apprentice training during the construction, and are committed to playing our part in the local economy and the Cooper's Road community."
Work is expected to be under way early this summer.
"We've already surpassed one degree of global warming," said Kristen Buida, manager of the London Climate Change Partnership.