The developer is a joint venture between Willmott Dixon Homes and Notting Hill Housing Group.
The Brenley Park site, on Cedars Avenue in Mitcham, used to be the playing fields of Eastfield High School but has been vacant since 1995
Willmott Dixon is aiming to start in site in March and complete in 2013. It will build 169 new properties, of which 72 homes will be built for private sale, with a further 64 for shared ownership and 33 for affordable rent. More than four acres of the site will be retained as a new park within the development.
Willmott Dixon Homes managing director Brian Brady said: “We are delighted to be working again with Notting Hill Housing Group and the Homes and Communities Agency following our successful partnership on the Harmony development at Isleworth. The properties will create much needed homes for all types of people, irrespective of background or income. With great new open space, quality design and construction, plus superb transport links into the centre of London, we expect demand for the homes to be high”.