The site, spanning 60,000 sq ft, will house support facilities for technology and media students.
The building has been designed by Atkins and will form a new visual gateway to the campus and its parkland setting with Willmott Dixon understood to be on-board for pre-construction work and infrastructure.
If all goes to plan, then construction is due to begin in 2017 following approval by the Borough of Poole.
Before construction of the facilities starts, major infrastructure improvements will be completed, including the development of a fourth road off Boundary Roundabout. There will also be a bus hub constructed on the western edge of the site, and an extension to the car park.
Infrastructure works are due to be completed by Easter 2018 with the new building set to open in September 2019.
The plans form part of a wider £100m project to expand facilities at the university.