The Community Gateway Association (CGA) scheme at Dovedale Avenue in Ingol will include 60 apartments supported by community facilities.
Earmarked for completion in 2020, development works will start weeks after a similar scheme, a vast retirement village near Grimsargh, was given the green light.
It received planning permission in 2016 with workers set to be on site next month. Planning officers had said the loss of open space was mitigated by the development’s “economic and social benefits.”
CGA Director Louise Mattinson said: “So much thought has gone into this scheme to produce the highest quality homes for its new residents. At every step we’ve had resident involvement and both the research and ideas they have contributed to the design have been invaluable.”
Community facilities will include a cafe that will be open to visitors.
Concerns about the loss of green space and impact on local amenities were voiced in 2016 but did not block planning approval.