Countryside will work with residents and stakeholders on the design plans on the regeneration of Marlowe Road.
The project will see the transformation of the estate with the existing properties replaced with new homes.
The plans will be submitted for approval in Spring 2015, with building works starting later in the year.
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The scheme, designed by Stitch Architects, includes 150 homes and retail space around a new Plaza and public square.
Richard Cherry, Chief Executive of Countryside's Partnerships division, said: "We are delighted to be the development partner for Marlowe Road and look forward to working with Waltham Forest Council and residents to deliver much needed new housing for the local area.
"Our focus will be on bringing back traditional tree-lined streets that link well with the surrounding area, with active frontages providing well defined spaces for the neighbourhood to enjoy."
(CD/JP)
