A new college being earmarked for Blackpool looks set to be built on land off Yeadon Way if it gets the go-ahead.
Blackpool Council is in talks to sell just over two acres of land which is part of the South Car Park to Blackpool and The Fylde College for the Lancashire Energy headquarters.
The plans to make the Fylde a centre of excellence for training people to work in the energy sector were revealed last year when Energy Secretary Matthew Hancock visited Blackpool.
Funding of £6.2m has been set aside for the scheme as part of the Lancashire Growth Deal announced last July.
Since then the college has submitted a detailed business plan and is expecting to hear in the spring whether that has been successful.
In addition, a further £3.6m will be invested by the college.
Blackpool Council leader Coun Simon Blackburn said: “We are currently working on a deal with Blackpool and The Fylde College which would make a huge amount of sense for Blackpool and its residents.
“South Car Park rarely operates at full capacity but it occupies a prime site and it is about time we took advantage of its potential.
“The facility that Blackpool and The Fylde College is proposing will offer many benefits in terms of education, job creation and a boost to the local economy.
“As a council we would benefit by generating much-needed income at a time when we are trying to plug a £25m hole in our budget.”
Daryl Platt, executive director commercial development at Blackpool and The Fylde College, said: “The site is conveniently located near to the M55 and offers good regional transport links.
“We are awaiting the outcome of a funding bid to facilitate the development of the campus, which will support the energy industry as it makes the step change from fossil fuels to renewable and low-carbon energy sources.”
The council will retain parking facilities to the north and south of the proposed college site.
The new campus will also be the hub of the national Onshore Oil and Gas College training people to work in the energy sector, also including renewable energy.
It will be linked to other institutions, including the University of Strathclyde and the University of Chester.