Consortium made up of Bellway, Taylor Woodrow and Hyde Housing Group tipped to win south Kilburn project

Bellway and Taylor Woodrow are expected to beat off Crest Nicholson to win one of London's biggest regeneration projects.

The £700m South Kilburn New Deal for Communities scheme in the north-west of the city is understood to have recommended that the consortium, made up of Bellway, Taywood and the Hyde Housing Group, should be selected to carry out the revamp of the sprawling council estate.

The recommendation is due to be taken to the new deal board and Brent council in two weeks' time.

Highly recommended: Bellway’s brief is to increase density to 3000 flats

Highly recommended: Bellway’s brief is to increase density to 3000 flats

A consortium made up of Crest Nicholson and the Genesis Housing Group also put in a bid. Berkeley Homes, which had been shortlisted, pulled out late last year.

The Bellway-led consortium is working to a brief laid out in the South Kilburn NDC's masterplan, which has been adopted as planning guidance for the 48 ha site by Brent council.

Under the proposals, the monolithic estate will be largely demolished and replaced with four mixed-tenure neighbourhoods.

About 1500 homes, including all of the high and medium rise blocks, will be cleared and replaced with social rented and shared ownership units.

And an additional 1419 units will be developed for private sale, significantly increasing density across the area. The estate's 775 remaining council properties will be transferred from Brent council's ownership to a new community-based housing association and refurbished.

Jack Davies, South Kilburn NDC's chief executive, refused to comment on which consortium had won but confirmed that a recommendation had been submitted to the board.

Bellway and Genesis were also unavailable for comment.

The failure by Crest Nicholson to win the South Kilburn regeneration project follows its rejection by Greenwich council for the revamp of the Kidbrooke estate and by Hackney council for that at Woodberry Down.

Genesis is reworking its plans for a residential tower next to Queen's Park Tube station on the edge of the South Kilburn estate after opposition from local residents.