Housebuilders Countryside and Hill have been awarded the contracts to develop housing on the first phase of the £1bn North West Cambridge Development.
Between them, the two developers will build 400 new homes after being awarded the contracts by the University of Cambridge.
The 400 market homes will form the first phase of the development alongside 700 university key worker homes.
They will meet the Code for Sustainable Homes Level 5 and are expected to be available from spring 2016.
Graham Cherry, chief executive of Countryside, said: “Our scheme will deliver distinctive contemporary homes that will appeal to Cambridge’s desire for a highly sustainable lifestyle within this new urban quarter.
“We are already invested in shaping the future of this historic city and this new community will secure a legacy for future generations.”
The £1bn North West Cambridge Development is the largest capital project in the history of the 800-year-old university. The masterplan includes 3,000 new homes, half of which will be key worker housing, along with 100,000 sqm of research space and a range of community facilities.
Last August, Construction News revealed the 18 contractors bidding for nine lots of work available in the first phase of the scheme.
These included Bam Construct, which later claimed £80m of work, Skanska, which won a £50m infrastructure package, and Graham Construction, which will develop a £26m scheme to house postgraduate students.