Crushers and diggers have moved onto the site of the Highmead Estate in Angel Edmonton to complete its demolition, along with a parade of shops and maisonettes.
Enfield Council said the demolition of the 50-year-old estate, which has an 11 storey block as its centrepiece, would kick-start the area’s regeneration.
The project, which will bring new affordable housing, 1,037 sq metres of retail space, a health centre, and at least one other community building, is expected to be complete in the summer of 2015 and predicted to spur further investment in the area.
It is a partnership between the council, Newlon Housing Trust - which will be developing and managing the affordable housing - and housebuilder Countryside Properties - which is responsible for the construction of the new Hawkins Brown Architects-designed estate.
Enfield housing lead Councillor Ahmet Oykener said the scheme boasted “first-class architecture” shaped around the needs of the community.
“With 118 new homes with family sized affordable housing we are helping to build a stronger community,” he said.
“The flexible commercial space, a community building and health centre are providing an attractive development with great employment opportunities for local people.”
Countryside Properties deputy chairman Richard Cherry said the demolition work would pave the way for a “high quality development with a landmark building”.