The housebuilder wants to redevelop the site of the former British Vita factory on Seaford Road in Salford into 135 homes.
Under plans submitted to Salford City Council, Bellway would demolish the vacant industrial buildings on the 5.3-acre site, which were previously used by industrial plastics manufacturer British Vita.
Once the site is cleared, Bellway proposes building a mix of two-, three, and four-bedroom houses, as well as one- and two-bedroom apartments across two blocks facing Seaford Road.
The factory, located opposite the IQ Student Quarter in Salford and close to Peel Park, closed in 2009 and has been vacant since.
WSP is the planning consultant and Astle Planning & Design is the architect.
A similar proposal from housebuilder Countryside was withdrawn last year after Salford City Council planning officers criticised the plans for a lack of local contributions.
Plans for a six-storey student accommodation block comprising 412 bedrooms next to the British Vita site were put forward by developer Gather Properties last year.
The student scheme was designed by AHR Architects and no decision has yet been made on the plans.