Barratt Homes and CALA aim to construct 199 new homes, including 30 affordable homes, at Gateside Farm, Stepps.
The site, near the M80, was granted planning permission in principle for a residential development in July 2018 and is allocated for housing in the North Lanarkshire Modified Proposed Local Development Plan.
The developers say that as well as securing 63 direct construction jobs annually – including four apprenticeships - the development would support a further 84 jobs in the supply chain and wider local economy.
Research was carried out on behalf of the firms by global architecture, planning and engineering firm Stantec.
David Scott, managing director of Barratt Homes West Scotland, said: “As a North Lanarkshire-based business, I’m extremely proud of the proposals we’ve submitted for Stepps.”
The AMSC planning application submitted in November 2020 is the second to be lodged by the housebuilders after a previous bid was refused by the Scottish Government’s Planning and Environmental Appeals division (DPEA).
As part of the proposals, CALA Homes (West) and Barratt Homes have committed to contribute £1.55 million towards educational provision across North Lanarkshire.
They say this will support capacity at both local primary and secondary schools.