Ainscough Strategic Land has submitted a planning application to Cheshire West & Chester Council for 160 homes on 20 acres formerly occupied by a Nestle factory in Cuddington, Cheshire.
The development will include allotments and public spaces on a site which has been vacant since 2007.
Ainscough Strategic Land, managing director, Nigel McGurk said the site will be sold on to house builders if planning consent is achieved.
He added: "Crucially, at a time when the housing market makes regular headlines, we have had a fantastic response from high quality developers, all keen to invest in the successful long term future of the area."
Former Ainscough Crane Hire owner Martin Ainscough set up his land trading vehicle in October 2007 following the sale of the crane business.
The company has so far acquired ten sites across the UK including a 40-acre greenfield site in Bishop Auckland and a 37-acre brownfield site in Leyland which has already secured permission for 471 new homes.