A £7m block of student flats aimed specifically at foreign students may be built next to the reservoir on Plymouth's North Hill.
The plans include a six storey block consisting of 68 studio rooms and single three bedroom apartments that would be aimed towards post-graduate overseas students.
Although the development would not touch the reservoir's surrounding walls it would come with views over the water and would be located next to Plymouth University.
It's argued that the high standard of accommodation would provide facilities for a type of student that are currently not being attracted to the city due to their needs not being met by current housing stock.
It's also argued that the Community Infrastructure Levy tariff and Section 106 contribution would further benefit the city.
The development sits in with the university's plans to increase its international student intake to 15% from 2020.
It's expected that a planning application will be submitted by the end of August, whilst intentions are that the block would be opened in 2018.