Spalding-based Bridge Farm Nurseries is hoping to build 75-acres of glasshouse as part of continued expansion.
The company, which employs up to 400 seasonal workers a year, will complete the first phase in 2019 if approval is granted.
Bridge Farm Group specialises in growing and producing ornamental plants, flowers and herbs for retailers around the country.
“Our new site represents another key milestone in the evolution and expansion of Bridge Farm Group,” said chief executive David Ball.
“With our existing sites now reaching maximum capacity, a new development represents the next logical step. The new facility will feature a range of state-of-the-art machinery and automation and will also safeguard the jobs of hundreds of staff around
Spalding and ensure our customers are protected from the cost inflation the industry is seeing,” he added.
The company focuses on low-cost production, using biomass heating and automation for workflows.
The move follows a cash injection from North Edge Capital in August with a management buyout led by Mr Ball.
It is behind the Neame Lea and Zyon brands.