The development, which secured planning approval last December, includes both private residential and shared ownership apartments, as well as a new 11,000-seater stadium for AFC Wimbledon on Plough Lane.

Together, the JV will manage the construction of the residential units and public realm. Ground works will start this month, with construction starting in the autumn. Completion of the residential units is expected early 2021.

Port Talbot-based contractor Andrew Scott is preferred contractor to deliver the £16m stadium.  The firm has previously built Parc y Scarlets, home of Llanelli Scarlets, and substantial developments at Hampshire CCC’s The Rose Bowl, and Stoke City’s stadium.

Stephen Conway, Executive Chairman Galliard Homes, said: “There are so many components to this scheme that will benefit the local area and we are thrilled to have Catalyst on board who really have what it takes to make things happen in order to deliver a ground-breaking number of affordable units in a new residential scheme.

“I look forward to attending AFC Wimbledon’s opening match and celebrating the Dons’ return to the borough once the stadium is complete.”

Erik Samuelson, chief executive of AFC Wimbledon said: “As a community-owned club we are delighted to be returning to our spiritual home in Plough Lane. In addition to bringing League football back to Wimbledon the new stadium will form a base from which to expand our award-winning community work.

“We are looking forward to working with Galliard Homes and Catalyst to develop a site that is a key part of Merton’s regeneration strategy for the borough. But most of all we are looking forward to bringing the Dons home.”