The outdated St John’s Hill Estate in Clapham Junction will be demolished and replaced with 527 modern homes, a new community centre, public squares and children’s play areas.
The mixed tenure scheme will consist of five new buildings ranging from 4 – 12 storeys set around two new public squares and a network of pedestrian routes.
Planning applications committee chairman Cllr Nick Cuff said: “This 1930s housing estate is in desperate need of redevelopment. The approved scheme would replace its sub-standard accommodation with modern new homes – over half of which would be for social rent or available through a range of affordable housing schemes.”
Peabody has also gained planning for a 112-home mixed tenure project on the Silchester Garages site in North Kensington.
The development will help Kensington and Chelsea Council meet its targets for new housing in the borough.