Edward Ware Homes has been appointed to develop the Greyfriars site in Gloucester city centre.
The Bristol-based developer will build 400 houses on the 2.45 hectacre site, which is owned by English Partnerships.
25% of the new homes will be affordable housing, with a further 15% reserved for first time buyers.
Plans also include 14,638 sq ft of commercial space, and proposals for a Neighbourhood Resource Centre and public open spaces.
The project aims to be environmentally friendly, including solar heating and a biomass CHP system.
The site is currently occupied by Gloscat, the Gloucestershire College of Higher Education.
A nine-storey teaching block in the centre of the site will be demolished later this year following the relocation of the College.
Edward Ware Homes will maintain the portfolio for a minimum of ten years.
David Warburton, English Partnerships’ director for South West England, said: “The decision to appoint Edward Ware Homes as our development partner was unanimous.
“Their submission met all of our quality standards and we were particularly impressed by their commitment to reducing carbon emissions across the entire site.
“We’re now ready to forge ahead with our plans for a high-quality neighbourhood that will bring considerable social and environmental benefits to the heart of
Edward Ware Homes will submit a detailed planning application to Gloucester City Council later this year.
English Partnerships were advised by GVA Grimley throughout the developer selection process.
