Plans have been submitted to South Northamptonshire Council to convert the former Bronnley & Co site in Brackley into 45 residential units.
The much-loved soap and toiletries company was based on Radstone Road before 41 jobs were lost last year when it outsourced production.
The outline housing proposal includes the demolition of existing structures and a new access road.
Peter Frampton of Framptons in Banbury, said: “The existing premises were developed to not suit the modern-day industrial requirements. With what is going on at the Sawmills site and building new homes, this site is not the right place for industry. This is outline permission for a development providing high quality and affordable housing for young people to get on the property ladder, as well as removing heavy vehicles off the Radstone Road.
“The community can look forward to new commercial spaces and new facilities, with the relocation of the Cottage Hospital and a new Sainsbury’s supermarket to the upcoming development on Northampton Road.”
Discussions were still ongoing as to how many affordable homes would be on the site.
Jan Dean, chairman of Brackley Means Business, said: “The plans look very nice and will benefit those who will move to the town, but we are not really addressing the needs of the growing population. It would be nice to have something that would enhance the town’s facilities, so people would stay and not go elsewhere.”
To view the application visit http://snc.planning-register.co.uk/plandisp.aspx?recno=70187