An planning application has been lodged for the proposed regeneration of Alderley Park, which Manchester Science Partnerships (MSP) chief executive Rowena Burns claims would lead to the creation of a "long-term internationally important bioscience campus".
The scheme provides more than 400,000 sq ft of new space for life sciences in addition to the 1.1 million sq ft of space already in place.
It is hoped that the development could secure as many as 7,000 jobs in the future. The scheme aims to deliver up to 275 new homes, some of which may be retirement homes.
Alongside the housing, a new village hub would offer complementary uses such as a shop, gastro pub and hotel.
As part of the proposals, sporting and recreational facilities would be opened to the public for the first time. And the local community would be able to use the existing footpaths, woodland and heritage parkland, creating links to the surrounding public footpath and bridleway network through National Trust land around Alderley Edge.
The outline planning application submitted to Cheshire East Council follows a public consultation in which Bruntwood and MSP discussed their proposals with the community and local representatives.
Burns said: "The planning application which has now been submitted would see the creation of a long-term internationally important bio science campus, adapting the facilities at Alderley Park to accommodate a community of large and small, regional, national and international life science companies.
"From the public consultations that we have held, it is clear that Alderley Park has played an important role in many people's lives over the years and we have had a lot of interest in the proposals. It is encouraging that the response the proposals have received from the local community has been very positive.
"People want to see a successful future for Alderley Park, which builds on its achievements and international reputation. Also, as a facility it is the case that neighbours are pleased to see the park being opened up for local people to enjoy the sport and recreation facilities, along with the existing footpaths and routes through the site.
"A number of useful comments have been received and the development team have worked to accommodate the ideas raised. We would like to thank everyone who has participated in the consultation so far.
"As long-term owners and investors we are keen to work with the community to ensure that the new Alderley Park is successful both commercially and as a community asset."
The planning application was submitted on behalf of Bruntwood and MSP by Manchester-based planning consultancy HOW Planning. The science campus was designed by BDP Architects, with the south campus vision created by Altrincham-based Planit IE.
Vectos provided advice on highways and transport, while stakeholder and community engagement firm Resolve Public Affairs assisted MSP through consultation with the local community.
Gary Halman, partner at HOW Planning: "We have been working on these plans for many months to ensure that what is being proposed for Alderley Park is relevant to the changing social and economic climate.
"Our client is seeking to create a world-class development, providing a comprehensive mix of residential and commercial elements to better reflect the needs of today and tomorrow, all aimed at securing the future of Alderley Park as a major economic driver for the region."