Hansons Garden Centre near Clitheroe in Lancashire may shut and be replaced by 62 homes.
Owner Chris Hanson has submitted initial plans to Ribble Valley Borough Council and a planning committee will consider them at the next meeting on 10 October.
Senior planning officer for Ribble Valley Borough Council Graeme Thorpe said: "An outline application has been submitted to the Council which usually takes between four and six months to process."
He added: "If anything is granted presumably the proprietor will have to sell to a developer. The very earliest work would start is 2015."
Letters were sent out on Monday outlining the plans to residents who will have three weeks to respond.
The plans state that 30 per cent of the new housing will be affordable and include a mix of two, three and four bedroom houses.
Owner Chris Hanson was not available for comment.
A housing plan has also been launched at Ingatestone Garden Centre in Essex.