St Modwen plans to redevelop the former General Electric/Alstom plant, off Lichfield Road.
The firm has yet to confirm how many homes will be built but it is thought to be up to 400.
The plans come after St Modwen secured permission for up to 430 homes on the old Areva site off nearby Fairway.
Visitors flocked to a consultation event at Brocton FC’s Silkmore Lane ground in November 2019 to find out more about the Lichfield Road scheme.
And several residents have voiced concerns about how the town’s existing roads, health services and other infrastructure will cope with extra homes.
There have also been questions raised about the provision of affordable homes on the site.
General Electric closed its plant in March 2019.