The Ropewalk site was purchased by South Hams District Council (SHDC) from Devon County Council in 2016 for development.
South Hams are now looking to develop the site. The Council wants to support regeneration and economic activity and they have suggested some different development options, including housing or a hotel.
The Council is also asking for your suggestions.
South Hams Council has issued more information about its plans on its website. They have also asked residents to complete a survey to give their views.
Please click here for a link to their survey.