The tower above Aldgate East underground station was a high-profile victim of the credit crunch when work stopped in October 2008.
But Redrow hoardings were being installed on site today with the project rebranded as One Commercial Street.
Redrow said the development will contain a mixture of 1,2 and 3 bedroom apartments above 100,000 sq ft of office and retail space.
The original developer on the site was the Foundation Group which has managed investments in property for a host of footballers and TV stars.
J Reddington has built the concrete frame to the eleventh floor and a tower crane from London Tower Crane Hire is working again after sitting idle for years.