Peabody and Ealing Council have signed a contract for the development of The Green in Old Southall.
The scheme will provide 474 homes, 50% of which will be affordable, alongside 54,000 sq ft of commercial space.
The council selected Peabody in August 2018, following a competitive tender process led by Lambert Smith Hampton.
The housing association is working with architecture firm Hunters on plans, and will seek to launch public consultation on a draft this summer, before submitting a planning application by the end of the year. The regeneration is expected to start in 2021, with completion by 2024.
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