Plans for 380 new homes at Penniment Farm, Abbott Road, Mansfield, have been submitted to Mansfield District Council.
The site, which is part of the Mansfield Local Plan, already has outline planning permission for up to 400 homes.
The application includes significant financial contributions exceeding £2.5 million, including nearly £1.6 million contribution towards primary school education in the Pleasley, along with over £500,000 allocated for bus service improvements.
The proposed development will feature a mix of 1 to 4-bedroom homes, all fitted with electric vehicle chargers.
As part of the development, 28 homes will be offered as affordable rent or shared ownership options.
Residents will benefit from approximately 6.25 acres of public open space, equivalent to four football pitches, and two on-site children’s play areas.
The development also features biodiversity enhancements such as a bat commuting corridor, hedgehog highways and bird boxes.
George Breed, Senior Land and Planning Manager for Persimmon Nottingham, said: “We are delighted to have submitted our reserved matters application for Penniment Farm, this development will provide high-quality new homes for local homebuyers alongside significant investment into the local area.
“We look forward to working with Mansfield District Council and local stakeholders to bring this project to life.”