The 10-year Alma Estate redevelopment is being carried out by UK home builder Countryside.
The project will see the 1960's estate transformed to comprise 993 homes, including 200 council rented homes and 199 shared-ownership properties..
The initial phase of the programme is now underway, with the demolition of the first 23-storey tower block in Ponders End. Completion is scheduled for 2028.
-- Advertisement --
Robert Wilkinson, Operations Director at Countryside Partnerships South, said: "Having forged a close partnership with Enfield Council, we're excited to begin the regeneration of this post-war housing estate to create striking homes, new community amenities and attractive open spaces.
"This is the borough's largest housing estate renewal scheme and will no doubt act as a catalyst for the wider regeneration of the Ponders End area."
Cllr Ahmet Oykener added: "This is a key stepping stone in making Enfield a better place for residents to live and work. We are building council and shared ownership homes, there will also be shops, gym, medical centre and other community facilities which will make a stronger, more inclusive community.
"We believe this is the start of something very special."
(LM)
