The HCA has put forward an outline planning application for 500 new and affordable homes and around 3 hectares of employment space at its Louisburg Barracks site.
If the plans are approved, a new construction skills training centre is expected to be built as part of the development. It is expected that the employment space would help create around 500 jobs, which would provide a significant economic boost for the area.
The application to East Hampshire District Council also includes the first phase of a new relief road which would enable access to the site and ease congestion around the town.
Government funding for this work has been secured by the HCA and would be delivered by Hampshire County Council starting next spring if the plans are approved.
It comes just after plans to deliver 100 new homes and employment space at the former Quebec Barracks were approved by East Hampshire District Council in July.
Kevin Bourner, HCA Head of Area, said: “This proposal forms an important and early stage of the transformation of Whitehill & Bordon into a sustainable and thriving community. These plans would bring hundreds of new homes and jobs to the area and unlock significant investment in East Hampshire.”
Cllr Richard Millard, Deputy Leader of East Hampshire District Council and Portfolio Holder for Commercial Contracts, said: “It’s an exciting time for the regeneration project. The transformation of Louisburg, along with the recently approved plans for Quebec Park, will see Whitehill & Bordon flourish over the next few years. The town’s regeneration is a top priority for the council.”