The 9,500-home development, currently under public consultation, is being driven by English Partnerships and Gallagher Estates.
The scheme - which is a revision of a 2005 proposal - includes a new town centre, neighbourhood hubs, a secondary school, six primary schools, two main 'employment areas', more than 20 children's play areas and a network of 'sustainable travel routes' designed to encourage people not to use cars.
A Gallagher spokesperson said the masterplan adhered to the development principles established by South Cambridgeshire District Council, notably its Northstowe Area Action Plan.
A cinema, a hotel, leisure, fitness and health centres, restaurants, cafés and a 24ha outdoor sports area will also be included in the new town, a planning application for which will be submitted at the end of October 2007.
The fist phase of the scheme is due for completion in 2016 and will include 4,800 houses.