The £13.5m academy is the final piece in the £30m regeneration plan for the town’s Waterside development, which will also see a supermarket and hotel complex built at the site.
Local planners will decide on the fate of the National Enterprise Academy in the next month or so although the council has already committed £7.7m to the project with the Skills Funding Agency footing much of the rest of the bill.
Jones is behind the bid to build the four-storey building which aims to harness the talents of as many as 700 ambitious youngsters when it is up and running later next year.
Planners gave the thumbs up to an £18m planned Waitrose store and four-storey Travelodge project next to the recently opened Waterside Theatre in Exchange Street late last year.
Construction work will start on these two projects over the next few months, triggering a surge in building activity in the Buckinghamshire county town.