Wemyss Estates said the 20-year development, which extends to some 123 hectares, is sited on mainly agricultural fields and could create 350 construction jobs annually if approved.

The project could comprise 1,850 new homes - 5% of which will be affordable homes - with permission also sought for a mix of business, retail and leisure as well as green routes, open spaces, naturalistic meadows and native woodlands.

It comes as the £116m Levenmouth Rail Link is in its final months of construction and due to launch next Spring, reconnecting the town to the rail network for the first time in 50 years.

The developer believes the project it would be “a natural settlement extension” linking to the new station at Cameron Bridge.

Around 350 direct and indirect jobs would be created annually during construction based on an average completion rate of around 100 homes being built each year over a period of around 20 years.

A design statement, submitted by the company, said: “The proposed development will make a valuable contribution to the Methil and Leven area through provision of a number of necessary local facilities which will increase the quality of life and improve the areas education, active travel and open and green space. The site provides a natural settlement extension linking the existing settlement edge to the prospective new rail station.”

The statement added: “A large green corridor is also proposed along the southern edge of the site between Sea Road and Methilhaven Road. It is intended that this will be a more naturalistic amenity space, incorporating Starkie’s Wood and leading to the Common Good Land which will be retained as existing.

“This approach provides a variety of green spaces, ensuring the green network of the site is capable of accommodating a wider variety of users’ needs.

“Two equipped play areas will be provided, within the east and west of the site. These will ensure all homes have easy access to play facilities. The larger green spaces in the proposal are supported by a series of green corridors. These will incorporate active travel routes, connecting to the wider surroundings.”