Andium Homes has also applied to create underground parking spaces, 150 for the public and 122 for residents.

Work to demolish the site’s 87-year-old gas holder – damaged by a major fire in 2012 – has already begun.

The social-housing provider bought the former industrial site in 2017. Brookfield Tunnell Street Holdings had previously proposed building around 250 homes on the site within a much smaller development and extending the park.

Following a period of consultation, the board of Andium Homes approved the proposed new scheme late last year and instructed architects to submit a planning application as soon as possible.

The company is aiming to build 760 new homes across the Island including 150 at the former Ann Street Brewery site and 165 properties on the former Ann Court housing estate, which was demolished in 2008.

Stephen Lilley, Andium’s head of capital projects, said of the Gas Place scheme: ‘We are pleased to have submitted our application for outline planning consent. We feel our plans deliver the vision we had for the site when we acquired it and what the States and residents of the area have indicated they would like to see there.

‘Whilst we await planning consent for the development, essential enabling works are ongoing, such as the demolition of the gas holder, which we will complete later this year.’

Andium has previous said there is ‘unprecedented demand’ for affordable housing, with 250 expressions of interest for just 15 Ann Street Brewery site properties, which are due to be sold at 20% below market value.

Andium Homes has not said how much the proposed development at Gas Place will cost, as negotiations with contractors are ongoing. No start or completion dates for the works have been set.