In March last year, Homes England appointed housing developer Lovell to construct 412 new homes on the former Defence Medical Equipment Depot site, now known as Drummond Park.
The latest approval will allow the developer to commence construction on the first homes at Drummond Park.
The housing scheme will include 309 two, three and four-bedroom open market Lovell homes as well as 103 affordable homes, of which 60% will be affordable rent and 40% shared ownership.
The first open-market homes are scheduled to be available for sale next month, with the development planned to be completed in early 2027.
During the construction, Stonewater and Lovell are looking to recycle or reuse some waste from the project site.
Additionally, Lovell is set to contribute £4.3m funding towards local community services and facilities as part of the planning agreement for the new homes.
The funds will be utilised to build a new primary school at Perham Down, the expansion of Wellington Academy, highways, recycling facilities, and local bus services.
Stonewater Development (South and West) director Matt Crucefix said: “We’re pleased that Lovell shares our aspirations to provide homes that are comfortable, energy efficient and affordable for people to live in.
“Providing much-needed affordable homes is at the heart of everything we do, but a core focus for us is also ensuring that we create thriving communities for now and generations to come.
“To support our sustainability commitments, these homes will be built to meet future energy needs and will benefit from the installation of Air Source Heat Pumps.
“Drummond Park is our first development working in partnership with Lovell and we’re excited for work to get underway in the coming weeks.”
Construction set to begin on new housing scheme in US. Credit: Stonewater.