Network Homes is working in partnership with London North West University Healthcare NHS Trust and the local council to make Northwick Park a landmark destination, delivering new homes, a modernised university hospital, improved infrastructure and transport connections.
Outline proposals for the site masterplan will include the delivery of around 1,300 new homes on land owned by Network Homes.
A detailed planning application for phase one of the development will be submitted at the end of the year and work is expected to start on site in early 2021.
Upfront infrastructure works for the site have been estated at around £18m.
David Gooch, Executive Director of Development at Network Homes, said: “This is a really exciting milestone for the future transformation of Northwick Park.
“We look forward to continuing to work with our partners at Brent Council, London North West University Healthcare NHS Trust and the University of Westminster to deliver improved transport links, more good quality affordable homes, and jobs for local people.”