The latest award will see Ardmore start on site this summer on Phase 4 of the Lewisham scheme after completing phase 2 and the ongoing delivery of phase 3.
Ardmore will build 236 new homes under the latest deal alongside extensive external works to create new roads and external landscaping in the area surrounding the homes.
Construction on phase 4 is scheduled for completion in spring 2017.
Ardmore development director, Chris Langdon, said: “We have been able to develop excellent ties with the local community over the past five years, and we are looking forward to building further on these, especially in making use of the skills and expertise of our local supply chain to boost regeneration in the area.”
Denise Atkinson, Local Labour and Business Co-ordinator for the London Borough of Lewisham, added: “We are pleased that Ardmore has been appointed at the next phase of this development.
“Ardmore offers fantastic opportunities to local people and we look forward to building on our existing accomplishments with them in order to make sure that we continue to play our part in delivering real opportunities for local residents and businesses.”
Rob Warwick, Regeneration Manager at Family Mosaic, said: “Ardmore is extremely experienced in the delivery of complex estate regeneration projects, and we are excited that the next phase of regenerating this area of Lewisham will soon get underway.”
Heathside and Lethbridge is one of London’s biggest estate regeneration programmes, and is planned to be carried out over six phases.
The regeneration works being undertaken by Family Mosaic and the London Borough of Lewisham are transforming the estates into an attractive mixed tenure development, with over 1200 high-quality private and affordable homes.