Advance Construction has submitted plans for a major regeneration project which will transform the historic Tullis Russell Paper Mill site in Fife.

The Bellshill-based company, which specialises in large-scale groundworks and civil engineering, is proposing circa 850 much-needed homes as well as retail and leisure facilities, employment, business space, industrial units and a new care home.

The Proposal of Application Notice to Fife Council also outlines plans for two public consultation events in December to give members of the public a first look at the plans.

At the heart of the 58-hectare site between Glenrothes and Markinch is an extension to Riverside Park, which will see the reclamation of an unused brownfield site to create another park that connects the new district to the town centre.

Tullis Russell went into administration in April 2015, with a total of 374 employees made redundant in the process.

Lynsey Breen, development manager for Advance Construction, said the plans will spark regeneration of the town of Glenrothes.

She said: “Advance Construction’s plans to deliver a significant number of new homes, together with creating new jobs will signal a major transformation of the area over the coming years.

“It’s an exciting regeneration project that will give Glenrothes the substantial economic boost it deserves, allowing it to continue to grow in the future.”

Lead consultants Barton Willmore will work closely with Advance Construction to provide Town Planning, Masterplanning, Landscape, EIA and Socio-Economic Assessment services during the project.

Planning director for Barton Willmore in Scotland, Colin Lavety, said: “The former Tullis Russell Paper Mill site is an important landmark historically for the town of Glenrothes. Plans to regenerate the area by delivering much needed housing together with new jobs will be a major transformation of the community over the next few years. We are delighted to be playing a part in helping give the area a new lease of life and make it an exciting place to live, work, play and visit.”

Two informal drop-in events have been organised with lead consultants Barton Willmore and design partner Fairhurst at the Rothes Halls this week.

Representatives from Advance Construction, Barton Willmore and Fairhurst will be in attendance from 1pm to 8pm on December 7 and 8 to explain the plans, discuss the project with the community and respond to any questions raised.

Lynsey added: “We would encourage members of the local community to come along to the drop-in events to find out more information and talk to members of our project team.”