The idea is to built on the site of Rolle College.
The proposals, going on display at Ocean on the Esplanade, are being put forward by Plymouth University who own the site.
But the area occupied by the Owen building will be ringfenced for transfer to a community organisation.
Conservatives' 16 year Devon leadership reign ends
They're now the third biggest party in the county
Labour loses all county council seats in Exeter
Reform and Greens sweep them aside
Devoncast – Plymouth recovers, Exeter includes and a jewel in the crown for Torquay
Plus - the Devon County Show
Reform take Exeter City Council seat
Labour hold the other city seat up for grabs
Devon therapy sheep found following appeal
Bertha is back home
Underspent grant could benefit Exeter Airport
The majority of a £230,000 grant rolled over
