Lovell has now begun construction work on Mollins Gate, at the former site of the Moodiesburn House Hotel in Cumbernauld Road, nine miles northeast of central Glasgow.
Completion is planned for summer 2017.
Lovell regional director Alan Taylor said: “Our team has a strong record in the delivery of mixed tenure housing developments delivering quality affordable homes and homes for sale. This scheme will create desirable modern homes in a great location just 15 minutes from Glasgow city centre, including homes for social rent, shared equity properties helping people on to the housing ladder and homes for open market sale. The area will also benefit from Lovell’s belief in creating legacy benefits for communities, with the project set to provide potentially life-changing job and training opportunities.”