Plans for 3,700 homes as part of the planned Spitalgate Heath development could be given the go ahead next summer with a start date in 2016.
The plans have been submitted to South Kesteven District Council and, if approved next year, work could start on the first phase of 150 homes during 2016.
The proposed Spitalgate Heath urban extension also proposes 110,000 square metres of employment space, a primary and secondary school, an 8,000 square metre local centre, open spaces, playing fields, play areas, allotments, woodlands and wildlife habitats.
Applicant Stephen Vickers, Managing Director of the Buckminster Estate, said: “We appreciate that this is a major expansion for Grantham and we have taken every care to make sure that this will be a high quality development.
“We have given careful consideration to the infrastructure and our plans also include sustainable urban drainage systems, roads, cycleways, car and cycle parking, electricity substations and pumping stations.”
Mr Vickers added that the proposed layout of the 223 hectare site was based on extensive public consultation and it also took into account key design principles for ease of movement around the development.
There is also a proposal to create a new riverside park – to be known as Papermill Park – which would link to Grantham’s other parks located along the River Witham.
An urban extension to Grantham has been planned for a number of years and was first identified in the Council’s Core Strategy in 2010.
More recently the council produced detailed planning guidance for the site which sets out the objectives for the development of the site and principles that a planning application would be expected to follow.
The application has a range of supporting documents which deal with items including the impacts on transport, flood risk, drainage, archaeology, noise and air quality.
There is also an Environmental Statement – a detailed assessment of the environmental impacts of the scheme.
The application is still at the outline stage and the council will be seeking the views of local residents and businesses. People can have their say by visiting the council’s website at www.southkesteven.gov.uk The closing date is October 10.