Warwick District Council’s executive committee will meet on Wednesday where they will be asked to consider the plans - provided by consultants commissioned by the authority - which could lead to the Eden Court, Ashton Court and Southorn Court blocks of flats in ‘The Crest area’ being demolished.
Central to the project would be the ‘release’ of about 11 hectares of Green Belt land at Red House Farm off Black Lane.
Running in tandem with this would be major work opposite the shops at Crown Way where the blocks of flats there would be replaced by new houses and a community hub.
In total about 320 properties, of which about 280 are council-owned, would be demolished at The Crest and at Crown Way.
With between 500 and 600 new houses being part of the plans, the net growth for the area would be about 250 over about ten years, with those extra properties being either privately owned or affordable housing.
Andy Jones, deputy chief executive of Warwick District Council, said: “The council will be asked to sign up to a programme of total reprovision of council housing and at the same time a public service and community hub with health facilities, county council facilities including a youth centre, a children’s centre and a library all in one spot so people can access all of those amenities in one place.
“What we are hoping is that all of this development will bring significant employment opportunities to the area, will enable people to access all public services in one place and an enhancement to the green space area at Mason Avenue Park and opportunities to use the green space remaining near the new estate at Red House Farm.