The company is working in partnership with Palmer Capital to create a new 'masterplan' for the site, which will be based on principals already established for a mixed-use scheme that will provide new housing.
A Proposal of Application Notice (PAN) will shortly be submitted to the council, giving local businesses and residents the opportunity to have their say on the content and form of the proposed development.
Development on site is scheduled to begin in early 2018.
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David Mitchell, Managing Partner of Manse said "This development has had a number of false starts over the years and we are very happy to now have the opportunity to work with South Ayrshire Council to deliver an important project for the local economy.
"We are confident we can unlock the issues which have prevented the delivery of this important site, as we have done with many other strategic projects around Scotland and the north of England. We have a very warm welcome from senior officers at the council and believe that together we will make Corton happen."
The council's Head of Enterprise, Development and Leisure, Jill Cronin, added: "We welcome this new interest in the Corton site by Manse LLP. We are committed to supporting the right kind of development at Corton that will deliver the homes, jobs, businesses and investment that will create a sustainable new community that will be an asset to South Ayrshire. We look forward to working collaboratively with Manse LLP and supporting them through the statutory planning process."
(LM/CD)
