Under the deal Britain’s biggest house builder will also be in line to deliver other scheme on TfL land around the capital.
The site in Bollo Lane received the planning go-ahead back in January 2021 and will provide 50 per cent affordable housing.
The development will be delivered in three phases with the first phase comprising 195 build to rent homes, the second phase delivering around 450 homes and a third phase delivering around 250 homes.
Further land to the north in Acton, which could be incorporated into the partnership, could deliver a new facility for the London Transport Museum together with a further 800 homes.
As well as delivering new homes and public realm improvements, both TfL and Barratt London will seek to deliver new educational and job opportunities for those considering a career in the construction industry, including for those who live locally, through apprenticeships and training programmes.
Gary Ennis, Regional Managing Director of Barratt London & Southern Regions, said: “We are proud to be continuing our partnership with Transport for London following the success of our joint venture at Blackhorse View, Walthamstow and the start of construction of our site at Wembley Park.”
The partnership forms part of TfL’s wider development activity that is being taken forward through its wholly owned commercial property company, TTLP, which – alongside new commercial office developments – will see thousands of new homes built on its land across the capital.
TTLP currently has more than 3,750 homes under construction and more than 350 already completed.