They will be the first IKEA style factory-built homes in the UK, after an earlier scheme in Tyneside hit the skids during the financial crisis.
The BoKlok homes will be priced so that home ownership is more accessible for local working families.
In return for entering into an agreement to build on the local authority land, Worthing Borough Council would receive 30% of the completed new homes rather than a capital receipt.
The Council will also work in collaboration with BoKlok to develop a wider programme to deliver 500 new homes for Worthing residents.
Councillor Kevin Jenkins, Worthing Borough Council’s Executive Member for Regeneration, said:
“I very much welcome this innovative proposal from a groundbreaking international firm which could bring real benefits to hundreds of local families.”
“The fact these homes can be built quickly, to a high quality and meet top environmental standards makes this an extremely attractive proposition and I look forward to the Council working closely with BoKlok moving forward.”
The first homes could be occupied within two years.
The first BoKlok homes were completed in 1997 and so far, the developer has built more than 11,000 homes throughout Sweden, Finland, Denmark and Norway.