The first milestone of a £400 million regeneration scheme has been reached with 120 new homes unveiled in Woolwich.
Percy Eagles Court is the name of the new buildings which are already housing their first residents.
This military-inspired name comes from a former Greenwich resident, Percy Alan Frederick Eagles, who died in the First World War when his vessel sunk in 1917.
The 120 new homes are phase one of the regeneration of Trinity Walk – a project to transform three ageing estates in Woolwich.
An official ribbon cutting event was held this week.
Greenwich Council leader Councillor Denise Hyland said: “We all know how incredibly difficult it has become for ordinary people to access decent housing in London.
“Trinity Walk has replaced a rundown development of poor quality housing with modern, fit-for-purpose, high-quality residences.
“It is a demonstration of the commitment from the council to provide not only affordable but great homes to those in most need.”
The prices of the Trinity Walk homes start at £355,000 for a one-bedroomed apartment.
Richard Vining, operations director at Lovell Homes, said: “The handover of the Percy Eagles Building is a huge achievement, made possible through the hard work and determination of the partnership to deliver this brilliant scheme in time for completions later this year.
“We have already welcomed the first set of new residents to Trinity Walk, and we look forward to welcoming even more.”