The new urban village in Goodmayes near Romford will consist of 1,300 homes in 14 tower blocks from 10-23 storeys replacing the former Tesco superstore.
Eight years of phased construction on the project will now start on site in early 2022.
The Lorimer Village scheme being delivered by developer Weston Homes and partner Tesco also includes 18,000 sq ft of commercial space, a 3-form primary school, village hall and community hub around landscaped gardens.
Final build completion and occupations are scheduled for late 2030.
Lorimer Village is named in honour of historic local landowner Jocelyn Lorimer and Arts & Crafts architect Robert Lorimer who pioneered the building of ‘green suburbs’, urban housing designed around gardens and landscaping.
Of the 1,280 new one, two, three and four bedroom homes 35% (415) will be affordable homes providing rented, DMS and shared ownership units, assisting in meeting Redbridge’s increased housing need.
Bob Weston, Chairman & Chief Executive of Weston Homes said: “Weston Homes is delighted to have gained a resolution to grant planning for Lorimer Village, which will be delivering with our partner Tesco.
“Lorimer Village is one of several projects where Weston Homes is partnering with Tesco, regenerating unused land for new mixed tenure housing and employment generating commercial space.”