Orchard Estate in Greenwich overlooks the space, which includes 10 pieces of gym kit, a communal seating area and improved recycling facilities beside a new orchard growing a variety of fruit and a community food garden.
The project cost £50,000 and involved transforming four areas into modern communal spaces for the 800 residents. It followed a bid for cash from the local residents’ association supported by the Royal Borough of Greenwich.
The community garden is open to anyone who lives on the estate to grow fruit, vegetables and flowers. Educational sessions have been provided by environmental charity Groundwork London and focused on sustainable living and recycling.
"This project will also aid sustainability and help nature and wildlife in the area," said a statement from Groundwork, which won Defra funds. "There are plots for food growing and raised beds for elderly people or people with disabilities."
The Transform project - part of the London 2012 Changing Places programme - provides grants to community groups in Olympic Host Boroughs to regenerate green and open spaces into successful community resources.
Groundwork London project officer Rosie Hardicker said: "We are excited about the transformation this programme has created in the area and hope that it will become a focal point for the community to use the revitalised space."
Around 50 sites have already been supported through Transform and applications are open for the next 20 sites to be supported through a new phase called Transform: Edible East.
Groups who want to transform derelict land into a green space or community garden with a food growing element, can apply for funding. The closing date for applications is 8 February 2013.