The proposals are for up to 56 new homes to be built in the town centre, on the 9-11 St Stephen's Road car park site, near Bournemouth Square.
The properties will consist of three- and four-bedroom town houses and two residential blocks made up of one-, two- and three-bedroom apartments.
Leader of the Council, Councillor John Beesley, said: "Building high quality new homes in the central location of St Stephen's Road will attract more families to live in the town centre. The development will help to boost further investment in the area, increase footfall and retail spend, as well as support local employment during construction.
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"The Three Towns Travel improvements at nearby Richmond Hill are revitalising this key town centre route to enhance the local environment for everyone. We are focused on the importance of investing in strategic projects to encourage growth in the local economy and accelerate regeneration in Bournemouth."
If Cabinet approves the site development plan, a planning application for the site will be submitted by the BDC in the summer. If progressed, work could start on site in early 2016 with the first residents moving in by 2017.
(CD/JP)
