A 65-acre business park is planned on the site of the former Rolls-Royce East Works in Filton, north Bristol.
The development, to be known as Horizon38, will include a new hotel as well as warehousing, car dealerships and industrial space.
The site fronts onto the A38 in Filton near the former Filton airfield, Airbus and Rolls-Royce.
Major groundworks will commence on site early 2016, with a phased development. The first completed buildings are expected early in 2017.
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Meanwhile further north in Sunderland plans have been unveiled to transform the 5.5 hectare former Vaux Breweries site (pictured) in the city centre into a business and leisure development which will include a new hotel. A formal planning application is expected later this year
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