It will acquire and develop the five-acre former hospital site that has been vacant since 2018, subject to planning permission.
Sheldon Bosley Knight brokered the deal, the second time it has worked with the modular housing company.
The King’s Road homes are designed to be highly energy-efficient and manufactured offsite in Ilke Homes’ factory-controlled setting in Knaresborough, North Yorkshire.
Plans for the 76 family homes, a mixture of one-bed maisonettes and two-, three- and four-bedroom houses, will be submitted to Wychavon District Council imminently.
Subject to planning consent, Ilke Homes plans to start work onsite in February 2021.
The deal follows other major partnerships this year with Network Rail, housing associations Stonewater and Orbit, and housebuilder Vistry.
Tom Heathcote, executive director of development at Ilke Homes, said: “This deal marks our tenth so far this year, showing our incredible growth and the market confidence in not only our homes but also our regional development teams.
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“We are thrilled to be working with Sheldon Bosley Knight for a second time, and to be partnering with Crea8ive Sustainable Homes for the first time, and I look forward to seeing the transformation of this brownfield site into a well-designed, sustainable scheme of family housing, which will bring many benefits to the community as a whole.”
Kevin Cubitt, director at Crea8ive Sustainable Homes, commented: “Our objective with this complex brownfield site was to unlock it and ensure that it is developed out for family housing.
“This deal is a big step towards our goal to deliver sustainable homes for local communities.
“We are delighted to be working with Ilke Homes who shares our vision for highly energy efficient and high quality homes.”
Daniel Jackson, director at Sheldon Bosley Knight, added: “We are delighted to have been able to broker such a positive deal for Evesham.
“We have been involved in the management of this site through our subsidiary company, Timothy Lea and Griffiths, for many years and it is fantastic to know it will now be delivered positively by Ilke Homes.”