Clare Miller, Group Chief Executive of Clarion Housing Group, said: "We are very pleased that the Cabinet has voted in favour of the regeneration plan. Clarion wants to work across the whole community to deliver our vision and this is a welcome and important decision.
"Work is already underway on the first two estates and the regeneration programme we deliver in partnership with Merton across Eastfields, High Path and Ravensbury will be one of the largest in the country. I am proud that Clarion is investing £1.3 billion into this project and that we are committed to creating a sustainable and vibrant community for residents, with good quality and affordable homes at its heart."
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In addition to the homes already completed, the project will deliver 2,550 new high quality homes alongside 9,000m2 of commercial and community space across the three neighbourhoods of High Path in South Wimbledon and Ravensbury and Eastfields in Mitcham.
All three sites have been granted outline planning permission and the first phases of the regeneration of the High Path and Ravensbury estates have already been completed. Existing residents will be rehoused in homes of an appropriate size and the plans will deliver much-needed new high quality and affordable homes for local people.
