Amended plans for the development of the former Daw Mill Colliery site near Arley in Warwickshire have been submitted by a property regeneration company, who say it could bring 1,000 jobs back to the site.
The new plans take into account the views of community groups, local residents, councillors and businesses.
A 500,000 square foot light industrial business space is at the centre of the application, which the Harworth Estates company says will bring employment back to the Daw Mill site quickly, given the impact the colliery's closure had on the community.
UK Coal closed the colliery in March 2013 after a major fire, bringing 47 years of coal production to an end.
The ownership of Daw Mill was transferred to Harworth following the insolvency of UK Coal Operations Ltd in July 2013.