New plans have been drawn up to redevelop part of the site of Leicester City's former Filbert Street ground.
Developer Filbert Ltd wants to build 77 four-bedroom terraced homes on the land.
The area was turned into a temporary car park, but in March last year Leicester City Council refused to extend its use for another year.
Leicester City quit Filbert Street in 2002 to relocate to nearby Filbert Way.
The land was bought for redevelopment and a large student halls complex was built on part of the site.
However, much of the land was left empty after plans for a further 405 flats and 10 houses did not go ahead and developers Downing Development established the 220-space car park – used by nearby hospital workers. An appeal by Downing against the council's refusal to allow continued car parking has yet to be determined but now Filbert Ltd has come in with a new plan.
Tamsin Cottle, of Strutt and Parker, which represents Filbert Ltd, said the previous flats scheme was no longer viable so new plans had been drawn up.
She said: "We have always said the long-term aim was to redevelop the site.
"The original scheme is not viable but the market has now improved and the intention is to develop four-bedroom terraced houses.
"The terraces are intended to fit in with properties in nearby streets and will provide affordable family housing."
Ms Cottle said: "We are still waiting for the result of the appeal.
"Not everybody liked the car park but it was used by hospital workers.
"It is hoped there can be redevelopment of the site."
City mayor Sir Peter Soulsby said he hoped the remaining part of the site would be redeveloped subject to planning permission being granted.
He said: "I am glad new plans have been prepared.
"I have been concerned the granting of short-term permission for car parking on land earmarked for long-term redevelopment tends to release the pressure on developers to get on with it.
"I hope we will soon be getting much-needed housing on a brownfield site that has remained unused for many years."
Darren Ginns, 27, from Burnmoor Street, near the old football ground, said: "Everyone has wondered what will happen there for ages.
"I'll believe some houses will get built there the moment I see a builder turn up with some bricks.
"I can't see it being built on any time in the near future because the economy is stuffed."
Planning officers at Leicester City Council are considering the scheme.
