The £120m housing scheme will also feature a new primary school, a care home, local centre, commercial and employment space.
Dorset Council has already agreed outline planning. The JV will now work towards submitting a reserve matters planning application in the Spring.
The proposed new development of houses is situated within a strategic development location as identified in the local plan.
It is widely accepted the development of these sites would make a significant contribution to the local housing targets. The scheme proposes 45% (225) affordable homes, which is a significant planning benefit to the borough and local area.
South coast architects Boyle+Summers is leading on the master planning of the development including placemaking and design of houses.
Andrew Johnston, regional manager director for Lovell Southern, said: “This is another major quality housing scheme for the region which, if granted planning, will bring quality, energy efficient homes to the area whilst also driving job creation, apprenticeships and economic growth over the next ten years.”
If granted full planning permission, it is anticipated Lovell will start on the main build at the end of the year.