Plans for a £6.2million flood defence scheme have been submitted to Bath and North East Somerset Council.
The Bath Quays Waterside Project aims to provide improved flood defences to the north and south banks of the River Avon between Churchill Bridge, and Midland Bridge.
It could support 2,500 new homes, up to 650,000 square feet of new workspace and create 9,000 jobs as part of the Bath City Riverside Enterprise Area.
The council is working with the Environment Agency on the proposals which also aim to improve accessibility for pedestrians and cyclists on the riverside.
If the plans are approved, work is expected to begin next year.
The former Stothert and Pitt site on Lower Bristol Road, also known as the Newark Works, is at the centre of Bath South Quays. Inventor Sir James Dyson had previously tried to turn it into a school however this was rejected, partly because of flood fears.
In May this year, deputy prime minister Nick Clegg, visited the site to hear about the plans to redevelop the area at the time.
A statement by the council said: "The project would not increase flood risk up or downstream and would not stop other flood alleviation works going ahead elsewhere in the city. The council is working with the Environment Agency to re-evaluate options inside and outside of the new regeneration areas to ensure flood risk in Bath is managed as effectively as possible. This includes considering the future roles and operation of Pulteney and Twerton gates."
The public were made aware of the plans and amendments to the proposals were made in April and May. Changes to the plans included: Avon street car park exit location, Corn Street pedestrian crossing, flood protection works to existing buildings on south river bank and adjacent flood walls, and to tree species on the north bank including an increase in the range of maturity of trees to be planted.
The plans also aim to reduce flood risk to Lower Bristol Road and over 100 residential and commercial properties on the south side of the river, through new flood defences.
To view and comment upon the planning application, go to: www.bathnes.gov.uk/BathQuaysWatersidePlans.
To learn more about the project, visit: www.bathnes.gov.uk/bathquayswaterside.