Willmott Dixon is to build a 20,000-capacity stadium for Brentford Football Club.
The contractor signed a deal to deliver the facility for the west London club, which could make it into the Premier League next season.
Willmott Dixon will also build almost 1,000 homes alongside the new stadium, along with associated infrastructure, as well as redeveloping Brentford’s existing Griffin Park home into 70 homes and a memorial garden.
The scheme is dependent on London Borough of Hounslow issuing a compulsory purchase order to enable the football club to complete the land assembly.
Willmott Dixon Regeneration chief executive Andrew Telfer said: “This deal highlights our ability to combine our homes for sale and private rent business models to cross-fund significant projects like stadia as well as deliver large volumes of residential accommodation for both tenures.
“The scale and approach of this development is similar to other large regeneration schemes we are undertaking in the South East where our Prime Place and Be:here companies combine to create popular mixed-tenure communities.”