Architects, Walker Troup, have put forward designs for 66 2-bedroom apartments on the site of the former Duke of York pub facing Wednesfield Road, Tremont Street and Inkerman Street.
It follows on from planning approval last month for phase 2, which will see a total of 53 homes built on 4 sites at Chervil Rise, Long Ley and Tremont Street.
These will be a mixture of 26 2-bedroom houses, 7 2-bedroom bungalows and 20 1-bedroom apartments.
Construction works are due to start next year on phase 1, delivering 16 4-bedroom homes and 24 2-bedroom homes on land off Hobgate Road and Tithe Croft.
In total, more than 200 new homes are to be built for rent and sale on the estate over the coming years, with the council set to develop 9 sites and WV Living putting in place plans to build on a further 5 sites.
The development comes on the back of an extensive demolition programme of vacant buildings and is part of an ongoing £120 million transformation of the estate which has also seen existing residential blocks undergo major improvements by Wolverhampton Homes, and the creation of 3 new play areas and a football pitch.
All of the new homes will also have their own car parking space provided.
Councillor Jacqueline Sweetman, Cabinet Member for City Assets and Housing, said: “This is a major development programme and it will make a huge difference to the quality of life and housing choice for our residents.
“If approved this latest planning application will pave the way for the delivery of all the new build council homes outlined in our transformation programme.
“Significant headway has been made on the Heath Town estate and now, more than ever, it is critical we provide more and better homes as we look to recover from the impact of the Covid-19 pandemic and relight the city.
“The majority of the new homes will come with gardens and all will have access to their own parking - Heath Town will look like a very different place.”
Other completed works include the demolition of walkways and garages in the Hobgate Road area of the estate, the disconnection and re-routing of the district heating pipework, and the refurbishment of the ground and lower ground floors of Ling House to provide new office, meeting and activity space for the Hope Family Centre.