Working with the Homes and Communities Agency and Derby City Council, the firm will deliver around 700 new homes for the city and create a business park.
Connell Brother is finishing off site demolition and building work is planned to start on site this Autumn. Within the 10-year construction period, Kier will also provide local training and employment opportunities and encourage local businesses to participate.
Current proposals from Kier include housing with a simple design concept that draws on the mill heritage of Derby and existing architectural influences across the site.
Graham Dobbs, head of Midlands North for the HCA, said: “Manor Kingsway is a local priority, not least because the derelict buildings have been an eyesore for the communities around the site.
Chris King, managing director for Kier Partnerships Homes said: “We are very keen to encourage economic, environmental and social sustainability and the enhancement of the green infrastructure including maximising its improvement as a recreation, amenity and biodiversity resource will create opportunities for employment linked to leisure, commercial and retail uses too.”