The Temple Quarter Enterprise Campus will be built next to Bristol Temple Meads railway station.
The University is in the process of appointing a design team and, should its outline planning application be supported by the Council, it will run a public consultation on its detailed plans in Spring 2018.
Following relevant approvals, construction will then begin in summer 2019 with the first buildings scheduled for completion in time for the 2021/22 academic year.
A total of seven new buildings will developed at the former Royal Mail sorting office and part of Arena Island, providing a mix of flexible research and teaching facilities, accommodation for up to 1,500 students and a range of commercial outlets. Overall, the campus will initially cater for 3,500 students and approximately 800 members of staff.
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The facilities will be open for public use, a training and skills centre and resources which can be used by community groups. In addition, to commit to environmental sustainability the campus will be car free and aims to be carbon neutral by 2030. New walking and cycling routes will connect the campus with the rest of the city centre and surrounding neighbourhoods.
Teaching and research will focus on digital technologies, with a new £43m Quanton Technologies Information Centre having already been announced. Plans are also in place for an innovation hub based on the Engine Shed model.
Professor Hugh Brady, Vice-Chancellor and President of the University of Bristol, said: "For the University of Bristol, the new campus provides a once-in-a-generation opportunity to reimagine the civic university.
"We are committed to creating a campus which both reflects our status as a world-class University and provides an open and welcoming space for the people and city of Bristol."
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