Construction work has started on almost 700 new houses in Longbridge - as the 20-year anniversary passes this month of the collapse of MG Rover.
Housebuilder Vistry is building 688 new mixed-tenure homes on the former site of the MG Rover factory off Lowhill Lane.
The new accommodation will have a mix of different tenant types.
Vistry is working with housing association Bromford to deliver 250 of the homes, ensuring that more than 40 per cent of the development will be offered in affordable tenures.
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Build-to-rent specialist Sigma Capital will take 215 of the units for the private rental market and 197 will be available for sale on the open market.
The final 26 will be offered via the First Homes scheme which is for first-time buyers only.
There will also be designated areas for community uses and public open space.
Michael Moore, managing director of Vistry North West Midlands, said: "This is an important development that will contribute to Birmingham's economic growth by providing new jobs and high-quality places to live.
"Like many major cities, Birmingham has a severe shortage of affordable homes - that's something we're aiming to address by going the extra mile to deliver affordable and social rent homes over and above what is required of us and delivering them at pace.
"We're also proud of the sustainability of the homes we'll be providing, with features and construction methods that reduce their impact on the environment and will lower energy bills for future residents."
The homes will be built with air source heat pumps, solar panels and wastewater recovery systems. They will be manufactured off-site using open panel timber frames from Vistry's plant in Leicestershire.
Northfield MP Laurence Turner added: "The redevelopment of one of the final parts of the Austin site comes at a symbolic moment - 20 years on from the collapse of MG Rover.
"It is positive that the symbolism of the site will be retained with the preservation of the industrial heritage. There is a real need for affordable and high-quality homes in south Birmingham, built with as much UK material as possible.
"I will work with the partnership to make sure that as many local people benefit as possible as the site enters this new chapter in its history."
