Restoration of Keighley Railway Station to its Victorian splendour and a new, high-quality town centre hotel are essential to the future of Airedale.
Other "world class" projects include a purpose-built stadium for Keighley Cricket Club and Keighley Cougars, who would in the future play on a shared Airedale Stadium, also incorporating football and rugby union.
The Airedale Masterplan also includes a multi-screen cinema in the town centre and breathtaking improvements to the landscape.
The ideas were all revealed this week in the final draft of the masterplan, drawn up by consultants Arup, working with Bradford Council and the Airedale Partnership.
The aim of the blueprint is to regenerate Airedale into a world-class location for businesses, investors, residents and visitors in line with Bradford's 2020 Vision.
The plans -- which could create up to 10,000 jobs -- were seen as ambitious but achievable by the people behind its creation.
Cllr Simon Cooke, chairman of Airedale Partnership, said: "People are always cynical about these sorts of plans. The point about these plans is that people can see them happening. A lot of ideas are eminently sensible."
He added the masterplan highlighted the key challenges that needed to be addressed to improve access and raise skill levels and the potential of the area.
Board member Mick Milner, director of Leach and Thompson, said: "If you look at the plans, this is Yorkshire practicality in regeneration. We are not looking at things which are not capable of being done.
"We can take these plans forward. We will demand Bradford Council and Yorkshire Forward get behind the masterplan and put their money where their mouths are."
Fellow board member David Gates, principal of Keighley College, said: "The plan is based in firm realistic aspirations but challenging aspirations. In Keighley the college is key to unlocking both the college site and the railway station. The college can play such an important role."
Arup's project director Mike Osborne said:"The masterplan looks to the future, uniting a region and encouraging growth by capitalising on its existing skills and services.
"The area is poised to become a centre for commercial research, advanced manufacturing and digital technology of international recognition.
"Consideration of the culture and needs of the community underpin many of the ideas within the masterplan, supporting both businesses and residents."
His team has identified five key projects, many of which are already under way. They also include a technology park at Bingley's former Auction Market, an advanced digital institute at Shipley and an eastern link road for Shipley.
Rejuvenating Keighley Railway Station would enhance a key asset of the town. It would also join prime development areas by improving its accessibility. Regional development agency Yorkshire Forward is in talks with Keighley College to buy its town centre site. When the college moves to its new Dalton Lane site, the current building could become a hotel, including a restaurant, conference facilities and spa.
The masterplan, titled Airedale Corridors, has been split into three sections -- creative, connected and lifestyle corridors -- as well as a rural backdrop. Airedale Partnership will oversee its future with Bradford Council and Yorkshire Forward sharing a large responsibility in its delivery. Other bodies, such as Metro, the Environment Agency and private sector groups will help with some of the proposals.
Funding will come through central government, public-private partnerships and private land owners.
Mr Osborne added: "Keighley really needs to build on its quality. It does have its qualities -- it is a town of heritage and innovation.
"Keighley needs to establish its relationship with the rural landscape again."
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