Vistry plans to build 726 homes on the land in the market town of Wolborough, in the Newton Abbot area of Devon.
The houses and flats will be a variety of sizes and types, under both Vistry’s Bovis and Linden Homes brands. Of the 726 homes, 145 will be designated as affordable and 36 as self-build plots.
Construction is expected to start in September 2022.
Vistry has agreed to pay £1.75m for local cycle lanes, playing fields and bus services.
Vistry Housebuilding chief executive Keith Carnegie said: “Given the strength of demand for our new builds, this latest site of over 700 homes will allow us to deliver much-needed housing, all the while boosting investment and jobs in the region.â€
Teignbridge District Council included the Wolborough Hills, on the edge of Newton Abbot, in its local plan in 2013, despite 7,000 objections at the time.
Got a story? Email news@theconstructionindex.co.uk