Bristol University's School of Veterinary Sciences is applying for planning permission to build a new dairy farm for the training of vets.
The current farm is said to be outdated and beyond refurbishment
The college said its Wyndhurst Farm at Langford, North Somerset, could no longer offer the modern, hands-on facilities needed by its students.
The proposed site for the new dairy farm is on the A368 Bath Road in Upper Langford.
It would house more than 200 cows and a state-of-the-art milking parlour.
The dairy unit and winter housing cubicles would be built over a sealed underground slurry lagoon to minimise smells.
Senior lecturer Dr Frank Taylor said: "The reality is that our farm buildings at Wyndhurst Farm are beyond refurbishment.
"We have a potential opportunity to lease land from Sir David Wills, adjacent to our own, which will allow us to develop new facilities.
"At the same time, we wish to play a full part in the sustainable farming initiatives that are developing in the South West.
"To this end, we need to change radically the way the farm is run both for teaching and research."
People living near the proposed site on the Bath Road have been invited to give their views on the development at a meeting on 19 July at the university's Department of Clinical Veterinary Science in Langford.