Bury Council’s cabinet has signed off land sales to the housebuilders that will see the creation of 225 homes in the town.
On Green Street, Watson Homes wants to deliver 136 apartments, 75% of which would be available for shared ownership.
In addition, the development could feature 13,000 sq ft of commercial space.
The proposed site was previously occupied by Radcliffe Swimming Pool and is identified as part of the 2020 Radcliffe SRF for a gateway development of medium-scale, up to six storeys in height.
A planning application for the project is expected in December.
On School Street, Hive Homes, a joint venture between 10 registered providers and the GMCA, is progressing plans for 89 three- and four-bedroom homes on the site of a former grammar school.
Extensive groundworks at the site have already been carried out, funded by £882,000 from the GMCA.
The development could generate £158,000 a year in council tax, according to Bury.
Work is due to start next March and conclude in 2024.