Homes England, the Government's housing delivery agency, has worked alongside Mid Sussex District Council and the main landowners/promoters to acquire the 176-hectare site in Burgess Hill.
For more than 10 years, the site has been identified as a key location for major housing delivery, capable of delivering 3,080 new homes.
As land owner, Homes England will submit an outline planning application later this year and bring forward early release of the first phases of new homes alongside investing in strategic infrastructure to unlock the site for development.
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Stephen Kinsella, Executive Director for Land at Homes England, said: "Homes England's reinvigorated land role is seeing us step up and intervene to unlock residential sites to help increase supply of homes where they are desperately needed.
"This acquisition at Burgess Hill shows how we can step in to ensure that complex sites in areas of acute housing need can be brought forward for early delivery through our intervention.
"It is a huge statement from Homes England, demonstrating how we can now intervene and invest to unlock the largest sites. We will now work quickly to achieve an early start on site and ensure the site deliver a great place to live."
(LM)
