In June, the Club and UWE Bristol announced their aspiration to build a new stadium on land near the University's Frenchay Campus. Sainsbury's proposal at the Memorial Stadium would help to finance the move while also bringing significant investment to Horfield.
The proposals represent an investment of £60 million in the area.
A 20,000 all-seated stadium including an extensive club shop, banqueting and hospitality suite, convenience store, gym, jogging track and teaching space for the University is proposed at the UWE Bristol Frenchay Campus. Public consultation on these plans has been underway since the summer.
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Bristol Rugby Club has been offered the opportunity to move to the new ground at UWE Bristol, which will conform to all FIFA and Rugby Union standards.
Sainsbury's proposal at the Memorial Stadium site includes a store, work space, community facilities, homes and ample parking.
These proposals will be submitted to both Bristol City Council in the case of the Sainsbury's application and South Gloucestershire Council regarding the new stadium, after extensive consultation.
Nick Higgs, Chairman of Bristol Rovers, said: "This agreement is a significant step in securing a sustainable future for the Club. The move to the Frenchay Campus will be fantastic for our supporters as they will be able to take advantage of the excellent transport links, including the A4174, Parkway and Abbey Wood stations and a new car park. Local residents and students will benefit from fantastic new facilities."
Ben Littman, Regional Development Executive for Sainsbury's, said: "Sainsbury's proposed redevelopment of the Memorial Stadium will bring a number of benefits to the local economy and community, including up to 350 new full and part time jobs, increased competition in weekly supermarket shopping, space for local businesses to grow and facilities for the local community."
(CD/GK)
