Eastleigh Borough Council has now officially bought the Rose Bowl site in West End - home to Hampshire County Cricket ground.
They plan to develop the site with a hotel, spa, golf course and leisure complex in a project costing £48 million pounds.
The former Rose Bowl company had run into financial difficulties which had threatened its future.
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The latest weather for the east with Philippa
The latest weather for the west with Philippa
Met Office issues storm warnings overnight as 80mph winds are expected across the south and east. Storm Imogen is due at around 3am