Barratt Homes and David Wilson Homes plan to create a mix of apartments and houses designed to appeal to a wide range of buyers. The first residents will be able to move in next year.
The first phase of development is named Canalside @ Wichelstowe with homes set to be built alongside the restored Wilts and Berks canal.
The homes are within walking distance of Waitrose supermarket, the Hall and Woodhouse pub and the Deanery secondary school, which is due to open this September.
Barratt Homes will be creating contemporary one and two bedroom apartments together with three and four bedroom homes.
Barratt Homes sales director Andrea Pilgrim said: “Not only will the development feature the very best designs in contemporary homes but there’s also a real focus on living in harmony with the environment with a terrific amount of open space.”
David Wilson Homes will be releasing two, three and four bedroom homes in its first phase of development with a contemporary design and surrounded by large areas of open space.
Louise Ware, the sales director of David Wilson Homes, said: “The on-site marketing suite will open for business in the next couple of months. Buyers can register their interest now to be among the first to hear about the new homes due to be launched and the opportunity to reserve a home off plan before the official opening.”
Wichelstowe will be the site of 3,000 new homes on a 250 acre site over the next 20 years.
Wichelstowe has easy access to the M4 motorway, which is just a 10-minute drive. Alternatively, Swindon train station is just under 3 miles away.
The scheme is being delivered by a joint venture company which is a 50:50 partnership between Swindon Borough Council and Barratt Developments plc.