TORBAY Coast and Countryside Trust has submitted a second round bid to the Heritage Lottery Fund for a grant of £662,000.
If successful this will help towards the overall project cost of £1.66million for the Cockington Restoration Project, whose aim it is to restore and improve the 'green heart' of Cockington.
This second round bid brings the trust closer to fulfilling the repair and restoration of key buildings and heritage assets in Cockington, including the conversion of the Linhay in the village to create a Country Park Centre.
Improvements will also be made to the visitor experience of the Country Park in order to deepen visitors' learning about and appreciation of its landscapes and heritage.
Mayor Gordon Oliver also approved a contribution of £100,000 from Torbay Counci.
Damian Offer, director of Torbay Coast and Countryside Trust, said: "We completed a huge amount of work in the development phase of the project.
"Submission of the second round bid takes us another step forward. However, we still need to raise £65,000 from the community before we can actually start restoring Cockington's Green Heart."
The bid was put together with assistance from the Torbay Development Agency.