Rydon has been appointed by the London Borough of Camden for the regeneration of the Bacton Low Rise estate in Gospel Oak for the first stage of a two stage tender process that will culminate in a fixed price being submitted in January 2014.

The £50m redevelopment involves the full demolition of the estate, which suffers from inefficient design and is in poor condition, making way for 290 new homes comprising 176 for private sale, 104 for affordable rent and 10 for shared ownership.

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Other improvements include a new and altered public realm, landscaping, vehicular and pedestrian links as well as three new retail units.

Demolition will start in August with construction commencing at the end of 2013, which will be staged across three phases and built to Code for Sustainable Homes Level 4. The project is due for completion at the end of 2017.

(CD)