Plans for the Kilmardinny site in Bearsden include new homes, open space and access roads, as well as a multi-million-pound contribution towards a new Allander Leisure Centre, affordable housing, walkways and local road improvements - such as the A81 Canniesburn Toll and an upgrade of the roundabout.
Councillor Alan Moir, convener of development and regeneration, said: “I am pleased to say that years of hard work and negotiations involving the council’s planning and economic development teams have come to fruition.
“The initial application was lodged in 2004, so this has been a long process - involving a public inquiry and a great deal of discussions - but we were determined to strike the best balance, and secure the best deal, for the community.”
The site includes the Allander Leisure Centre and the former Burnbrae bus depot.
All the landowners have now signed legal agreements with the council.
The Allander Leisure Centre project is due to start in mid-2020 and - as well as funds from developers - will be supported by the council’s capital programme, with proposals within the council’s 10-year capital plan to increase the level of investment from £18m to £25m.
The Allander Champions Group, which has been on hold pending this agreement, will be re-established and help to shape the leisure centre.