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.
Young voices barely registered in devolution consultation
Only eight people under the age of 24 registered a view
Energetic Pretty Woman is a must-see
REVIEW: Pretty Woman The Musical
Devoncast - Police and Crime Commissioner election special
Devoncast is back with the latest from around the county
New pledge on South Hams Freeport funding
'It is taxpayers’ money, but that money is being spent in the South Hams'
Axminster children connect with space station
Space cadets link live with astronaut
East Devon should get new CEO
Local Government Association recommends new boss
