The athletes' village will provide homes for sale and rent after the games
Glasgow City Council has named the consortium which it wants to build the athletes' village for the 2014 Commonwealth Games.
City Legacy - including architect RMJM, which designed the Scottish Parliament - is the preferred bidder for the 38.5 hectare site in Dalmarnock.
The development would provide accommodation and facilities for 6,500 competitors and officials.
The village will provide 1,400 homes for sale and rent after the games.
Work is due to begin on the village at the end of next year.
About 620 people will be employed in the development of the site. More than 90 new jobs will be created, and the project will employ 60 apprentices.
Glasgow City Council is expected to approve the choice of the developer at a meeting on Friday.
Council leader, Steven Purcell, said: "The athletes' village will be one of the most recognisable aspects of the legacy of the 2014 Commonwealth Games - and certainly one of the most important.
"I look forward to the successful delivery of a key part of the games, and later, the creation of a stunning new neighbourhood for the city as Glasgow's regeneration continues.
"The construction of the athletes' village will create fantastic opportunities for local people and businesses to show the world what Glasgow can do."
Sports Minister Shona Robison said: "This is an important milestone and shows we remain on track towards delivering an outstanding Commonwealth Games.
"The creation of the athletes' village will sustain jobs, regenerate the east end of Glasgow and contribute towards Scotland's economic recovery as we build up to the launch of our plans to create a successful legacy from 2014 to benefit the whole of Scotland."
Glasgow City Council will make the village site available to City Legacy at "nil cost" in order to reduce borrowing requirements.
The developer will then enter into a profit-sharing arrangement with the council at the end of the project.
When the games are over, the site will be redeveloped to include 1,100 private homes and about 300 for rent.
There will also be a 120-bed social work care home for the elderly.
Preparatory work on the site is expected to begin later this year with construction scheduled to start in autumn 2010.
City Legacy is made up of the following partners:
- CCG, Cruden, Mactaggart & Mickel, and W H Malcolm (developers and contractors);
- Davis Langdon LLP (bid, project and cost management) and RMJM (masterplanners and design champions);
- WSP Consulting (Engineers) and Turley Associates (community benefit and town planning advice); and
- Burness LLP (legal advisors), Scottish and Southern Energy (utilities infrastructure and sustainability) and JLL (property development advice).