Type=image;ImageID=9710;ImageClass=left;ImageTitle=Former Tower and Fort Works site;TitleClass=strong;
Developers have been asked to submit expressions of interest by 13 May to build more than 70 homes on the Great Brickkiln Street site.
The project will see the 3.4 acres of land sold to a development partner for high quality family homes for private sale or rent.
A quarter of the homes will be set aside as affordable council houses at an estimated cost of £2 million, which will come from the Housing Revenue Account.
The council hope to appoint a development partner by the end of summer 2016, with construction starting by spring 2017.
Councillor Peter Bilson, Deputy Leader and Cabinet Member for City Assets, said: "This is an exciting time for house building in Wolverhampton with a host of projects springing up to benefit everyone.
"Other sites in the city have attracted strong interest from investors and developers and I'm confident the Tower and Fort Works site will be no different.
"It is ideal for a new residential development as it is close to Wolverhampton city centre, is well served by transport links, and is near shops and leisure facilities.
"The aim is to build 10,000 more homes in Wolverhampton by 2026 and this project supports the house building programme and will deliver quality homes for all."
This scheme follows the completion of 40 council homes at Thompson Avenue in August - the first new council houses to be built in Wolverhampton in 30 years.
A similar mixed residential project of private and council homes in Low Hill will also see construction start later this year on more than 100 homes at Showell Road, Broome Road and Fifth Avenue.
- released: Thursday 12 May, 2016