The Vale of Glamorgan council has unveiled a regeneration programme for Barry which includes plans for news schools, offices, and a transport interchange.
A report is to be considered by the authority's cabinet next Monday which will present the Barry Growth Programme.
It will contain a "spatial masterplan" of which areas of Barry could be included such as the town centre, waterfront, docks, and other employment sites.
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The council said that a regeneration investment plan will set out the way in which this will be delivered.
The authority added that "there is already a pipeline of projects planned of more than £100m".
Proposals include a new waterfront college campus, primary school, and "high-quality office accommodation" as well as new facilities for rail providers, a transport interchange, and a mixed housing, and health gateway scheme.
Cllr Lis Burnett, cabinet member for regeneration and education, said: “Barry has undergone extensive regeneration in recent years from the multi-million-pound transformation of local schools to the innovative partnerships that have breathed life into buildings from the town’s industrial past.
"There has also been significant investment in housing at the waterfront and elsewhere as we now move at pace to build our own low-carbon council homes. Now we want to build on that success with a bold and exciting vision for the future Barry.
“The Barry Growth Programme outlines our strategic plan for the future of the town. It aims to address issues of inequality, employment, and training needs with an ambition to reduce carbon emissions and improve transport links.”
As part of the council’s broader Project Zero commitment, which aims to make the organisation carbon neutral by 2030, the council has said there will also be a drive to reduce CO2 emissions in Barry.
The council has said it is preparing an application to the UK Government’s Levelling Up Fund as part of the plan, which opens soon, for a package of projects that will be focused on the waterfront, employment, and new community facilities.
Alun Cairns, MP for the Vale of Glamorgan, said: “Levelling Up is a key UK Government priority. This is great news for Barry in that we can bid for a substantial package of projects in and around the waterfront that can deliver a marina.
"The projects form a significant part of my vision to accelerate the regeneration of one the largest towns in Wales. I have campaigned for some time to see these exciting projects develop which would bring the waterfront to life and create new employment sites and more quality jobs for residents.
"I fully recognise that we need to better connect the rest of Barry with the waterfront and I strongly believe that the town centre and other businesses will benefit from this investment."
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