Nationwide Building Society working with developer Igloo Regeneration
The Nationwide Building Society has had its plans to build 239 new homes designed by Metropolitan Workshop and PRP on a brownfield site in Swindon approved.
Working with Manchester-based Igloo Regeneration, Nationwide will start building work by the end of this year.
First homes on the scheme are expected to be ready for residents from spring 2021.
The £50m not-for-profit development will be built on the 5.3ha site of the former Oakfield university campus, which was pulled down 10 years ago.
Nationwide, which urged others in the sector to follow its housebuilding lead back in April, said it first began consulting local communities about its plans two years ago.
Chief executive Joe Garner added: “As a building society we were founded to help improve housing, rather than maximising profit and shareholder return.”
The homes will be comprised mainly of terraced houses or maisonettes, with a small block of flats, including community space.