The club wants to transform the mothballed former Tesco's store next to Palmerston Park into a training facility with two indoor pitches. The club chairman, Billy Hewitson, believes that work on the project could start within six months.
He estimates that it'll take at least half a million pounds to convert the building and the bulk of that money could be raised from the Scottish Government.
It's stood empty since Tesco closed it in 2004 after they build a larger one in Cuckoo Bridge.
More top news
A look ahead at the forecast for the Border region.
It's been one year since the storms hit the Border region - we look at the real cost of the floods in Cumbria.
The man behind a £600,000 insurance scam was locked up for 7 years, and has had an extra 9 months added to his sentence for other crimes.