Under the scheme, nearly half of the 249 homes on the 25,600 square metre estate will be demolished, whilst other existing homes in an 18-storey tower will be refurbished and around 360 new homes will be constructed.
The Council has been consulting on the plans, which are part of its Community Investment Programme, since last year.
"Camden is showing real commitment to sustainability - both environmentally and socially," said Hawkins Brown partner Seth Ruth according to reports. "The client is keen to build on ‘fabric first’ principles to exceed legislation and tackle fuel poverty. Camden are also committed to keeping the existing community on site, which we will be doing with a phased, single decant - residents will be able to watch their new homes being built - and then move in," Ruth added.
The Council said the next stage of the project would be discussed at a meeting of its cabinet in October.
