A derelict piece of land in an Edinburgh suburb is set to undergo a major transformation following the announcement of a £35m regeneration project.

More than 300 homes will be built in north Sighthill under the plans, which were finalised this week with the signing of a contract between the city council and developers Keepmoat.

Almost 100 of the homes will be available for social rent and another 88 will be leased at "mid-market" prices.

The remaining 132 properties will be sold as family homes with first-time buyers eligible to receive financial support under the government's Help to Buy scheme.

A Keepmoat spokesman said the development would be built to high environmental standards and offer "substantial" employment and training opportunities.

Construction will take place on land once dominated by four high-rise tower blocks dating back to the 1960s that were demolished between 2008 and 2011.

Council housing leader Joan Griffiths said: "North Sighthill is one of the largest new housebuilding projects in Edinburgh after the regeneration of Pennywell in the north, which is well under way.

"This development is a key part the council's commitment, working with housing associations to deliver 16,000 affordable and low-cost homes and nearly £2bn investment over the next ten years."

Keepmoat's Eamonn McGarvey said: "Now that north Sighthill has been cleared of low-demand high rise flats, our proposals shall create a development that Edinburgh can be proud of, benefiting from a cohesive, high-quality public realm and seamless tenure that generates a sense of community and civic pride that helps to create jobs and improve the area's social and economic prosperity and attractiveness."

Work is expected to begin on the site in February 2017 with a completion date of 2020.