The renewed application now includes an “all-weather indoor football structure” and the timescale has been cut back – it was going to take four years but the project will now start early next year and finish in 12 months.
The basic plan includes a 1000-seater football park for Cove Rangers, a sports and fitness centre, and about six other Astroturf and grass pitches.
Cove had reached agreement on a long term lease on land at Calder Park with Aberdeen City Council some time ago but this was conditional on them delivering a viable business plan and being able to demonstrate that funding was in place to deliver the new facility, which already has detailed planning permission.
Until the early summer of 2010, the club had been unable to meet those conditions. However, talks with Aberdeen FC led to a solution which would provide a new, purpose-built stadium for Cove Rangers, new sports facilities for the community and state-of-the-art football training facilities for AFC.
Aberdeen Football Club chief executive Duncan Fraser said: "This will enable Aberdeen Football Club to develop the long established aim of delivering first-class training facilities.
"The massive bonus is that they can be fully integrated with the new stadium at Loirston, resulting in Aberdeen City and Shire being able to boast one of the best football and sports centres in Europe.
"This development is critical in order to further enhance our youth development program, to enable us to attract top players and will bring greatly enhanced community facilities to people living and working on the south side of the city"