The works will see road humps installed throughout the estate.
Said the Foyle MLA said: “I’m glad that traffic calming measures are planned for the Hampstead Park area of the city.
“This is an issue which myself and others have been working to progress.
“I have raised concerns over the course of the past few years on the need for traffic measures in this busy residential area, given the speed at which motorists travel through the estate via the Culmore Road.
“These measures will no doubt be welcomed, particularly by parents of young children living in Hampstead Park.
“The installation of speed bumps have been long overdue and will help to improve the overall road safety in the area.”