Leisure Dome UK is in talks to purchase land on the airfield in Weston-super-Mare in order to build a multi-million pound snowdome.
Discussions have been taking place with North Somerset Council regarding the slope, which would boast the longest indoor ski slope in the UK.
Leisure Dome Limited director Clive Hamilton- Davies said: "Extreme sports is a growing industry and one the South West must tap into.
"North Somerset has actively sought to assist us in delivering these exciting proposals in Weston-super-Mare."
The development is also thought to include a hotel, a pub, a restaurant, a gym and healthspa and skateboard park and if planning permission is granted, could be operational within two years.