English Partnerships and English Cities Fund are poised to submit a planning application for one of the biggest regeneration projects in the south of England

The pair are planning to transform 15-acres (6ha) of brownfield land at Millbay, southwest of Plymouth city centre, into a waterfront community.

Plans for the £300m residential-led scheme go on public display tomorrow. The scheme will include: 1,233 residential units – 25% of which will be affordable housing; 39 live/work units; 190,522 sq ft (17,700 sq m) of retail and leisure; 226,044 sq ft (21,000 sq m) of business space; a boulevard connecting Union street with Millbay; a city square; harbour square; and a107,640 sq ft (10,000 sq m) marina.

Trevor Beattie, regional director at English Partnerships said: ‘The Millbay area represents a great opportunity to deliver much-needed new homes available at a range of prices, with space for local businesses.’ He said he that he also expected Stone house and West Hoe to benefit from the scheme.