"Now consultation with affected families has been undertaken, we can lay out the plans publicly."
Twyford said that the initiative would lead to the transformation of the area.
"Over a period of 10-15 years, 2700 worn-out state houses will be replaced by 10,000 new homes. This will comprise approximately 3000 new state houses, 3500 new KiwiBuild and affordable homes, and 3500 market homes. This is 3000 more homes than the initial plan put to me when the Government came to office."
HLC, formerly the Hobsonville Land Company, is to manage the Mangere project, set to demolish many smaller 1960s and 1970s homes with poor insulation and what are now seen to be poor construction techniques and use of materials.
HLC has planned the project, working with the NZ Transport Agency, KiwiBuild and Housing NZ Corporation.
The initiative is part of the Auckland Housing Programme which aims to bring more than 23,000 new residences to the city on state land.
Read more: $750m Northcote state-house intensification: 300 going, 1200 new homes rising
Twyford said that the first stage of the redevelopment is already under way.
"Thirty-five state houses are being demolished to be replaced by 66 more state houses and 100 other homes, at least half of which will be KiwiBuild and affordable," he said.
"Building of the first new state houses will start in the next few months and are due to be finished mid-2019. The first KiwiBuild and affordable homes will be complete towards the end of 2019 and early 2020."
Read more: Thousands of new state homes planned in Mangere, near Auckland Airport
Twyford also stressed that the importance of ensuring that communities established in the area are not uprooted by the re-development.
"I am determined that the local community benefits from this re-development and are not priced out of the new homes. HLC are working to keep the prices of KiwiBuild homes as low as possible. Prices and exact numbers will be finalised as building contracts are agreed. Long-term rent and shared equity options are also under development."
Twyford said he believed the redevelopment of the area would give local families a realistic shot at homeownership.
Large-scale projects are also planned or have already been started in Northcote, Avondale, Mt Roskill and Mangere.