The scheme forms part of a wider Slough Urban Renewal plan, an existing joint venture regeneration partnership between Slough Borough Council and Morgan Sindall’s investments division.
Slough council bought former Thames Valley University land for the North West Quadrant town centre regeneration scheme.
It is expected to provide 1,400 new homes across a range of tenures alongside more than 250,000 sq ft of commercial space and 200,000 sq ft of leisure, retail and cultural facilities.
Masterplan proposals for the site will be developed over the coming months and public consultation is anticipated to take place towards the end of 2020.
The development builds on the successful delivery of 15 leisure, education and housing projects in the last three years using SUR’s supply chain, which includes Morgan Sindall Group companies.
John Morgan, chief executive of Morgan Sindall Group, said: “We are delighted to have been appointed to develop the North West Quadrant, a further milestone in the group’s close partnership with Slough Borough Council.
“We have a strong track record working in partnership with local authorities to deliver large-scale, complex regeneration schemes.”