Now owned by Vistry Group, formerly Bovis Homes, the firm has secured a £66m project on the Aylesbury Estate redevelopment at Elephant & Castle in south London.

Vistry Partnerships will create a new public library, health and early years facilities plus commercial space as well as more than 120 new homes for rent.

Work is due to start very shortly with the project also creating a new public square with a water feature at its centrepiece.

Vistry Partnerships have been appointed by Notting Hill Genesis, which is working in partnership with Southwark Council to regenerate the estate.

Ken Baikie, interim director of regeneration (Aylesbury Estate) for Notting Hill Genesis, said: “We are pleased to appoint Vistry Partnerships to build the new homes and community facilities on Plot 18, the next phase of the Aylesbury regeneration to be built.

“Their experience and high standards will help to ensure that this neighbourhood hub will be a real asset for the community.”