Dundee City Council is set to decide next week on a planning application by Barratt Homes to build 233 new homes in the city.
The brownfield land - which was once the site of the former Keiller Marmalade production plant - has been recommended for conditional approval.
Accessible via two roads directly off Mains Loan and situated just 10 minutes from the city centre, the proposed development site is around 15.7 acres in size.
If the plans are approved, construction at the development is set to support up to 345 direct jobs and 690 indirect jobs with subcontractors and suppliers, including the creation of a number of full-time apprenticeships.
Barratt Homes intends to purchase the site and commence development in early spring.
David Palmer, managing director for Barratt North Scotland, said: “We are pleased that our application for new family homes in Mains Loan is scheduled to go up to committee for recommended approval.
“This is a large, prominent site of disused land which has lain derelict for many years - our vision to transform it into high-quality family housing will help to meet the demand for new homes in the area, and the construction process will create a number of local job opportunities should plans be approved.
“Throughout the lengthy planning process Barratt Homes has worked closely with council officials and the local community in developing its current proposal, allowing it to secure positive support.”
The wider business erected 8,067 homes in the second half of 2021 – 1,000 less than the second half of 2020, when it was playing catch-up following the initial lockdown.
Barrat Homes said sales for the half were down around 10% year-on-year at £2.25bn, while pre-tax profits were pretty stable at £432.6m.
The figures come after it was revealed the average UK house price hit a record high of £276,759 at the start of 2022, after increasing by around £24,500 over the past year.
But with household budgets under pressure from surging living costs, the Halifax said it is likely the pace of house price growth will slow considerably over the next year.
Barratt expects build cost inflation of around 6% this year and said the average Barratt private sales price is now £327,400 – up from £312,000 two years earlier.
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