Construction firm Redrow has been selected as the preferred developer for land at Park Avenue in Liverpool.
The 2.62 hectare site, which lies outside the boundary of the 104.75 hectare Sefton Park, was declared surplus to requirements last year.
The sale price of the land will provide a financial boost for the Liverpool City Council.
Redrow will hold a pre-planning public consultation drop in event in September, where people will be able to comment on their outline ideas for the site.
(CD/JP)
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