Plans to build new homes on part of Hengrove Park and Hartcliffe Campus have been given the go-ahead by Bristol City Council.
The council-owned land which used to be Whitchurch Airport is currently a public open space.
After completing a feasibility study to see how sites within the South Bristol Housing Zone could be developed – Bristol City Council’s Cabinet agreed to a residential-led development for the areas.
The proposals include allocating £1.8m to help progress to the next stage of development, gaining outline planning consent for both sites.
The areas have the potential for around 1,800 homes– a third affordable in what would be the largest regeneration scheme within Bristol.
Work will now start on a huge consultation process to engage people living in the area to decide on the kind of houses and public services.
Councillor Paul Smith, Cabinet Member for Homes and Communities, said: “Bristol is in the midst of a housing crisis with not enough homes currently being built to match demand.
“Despite the current financial situation, we are putting significant additional investment in to housing delivery, both revenue and capital, which shows how serious we are about our targets to build more housing across the city…”
Bristol Mayor Marvin Rees has set a target of building 2,000 new homes – 800 affordable – per year by 2020.