A planning application to build 23 new homes in Preston and a supermarket has been submitted to the local council.
Developers want to convert the former Preston SPAR distribution depot into a new food store and new homes scheme, as part of a proposed multi-million pound project.
James Hall & Co Ltd, which has operated from the Blackpool Road site for the past 45 years, is in negotiations with retailer Morrisons to construct a supermarket to compliment the planned new homes, as part of a wider regeneration scheme.
Building work could start within the next few months if the local council approves the plans.
In addition to new build home and a supermarket, local road improvements are planned along with parking spaces.
New homes in Preston
Earlier this week, revised plans to build up to 1,000 new homes in Preston were unveiled by the Homes and Communities Agency (HCA), following an extended consultation period to give the local community a greater say on the £80m development.
The new homes scheme, which was approved by Preston City Council in July, is expected to include approximately 300 affordable homes.
"We now have a great master plan for Cottam Hall that will help the area evolve into a high-quality environment for local people," said Deborah McLaughlin of the HCA.