Morgan Sindall Investments has signed a contract with Bournemouth Borough Council to develop the Dorset town’s centre.
The 20-year development, worth between £350 million and £500m, is a 50/50 Public Private Partnership between the two parties.
The project will deliver a range of residential and mixed-use development including leisure attractions, new housing, shops and offices across 17 sites.
Morgan Sindall will provide funding for the ongoing development of projects, matching the land value contribution of Bournemouth Borough Council.
In addition, Morgan Sindall will provide a range of strategic development services including long-term master planning, detailed site development planning, property management and design and construction.
Morgan Sindall and its housing specialist Lovell are expected to carry out much of the work.