The campus is being designed by a consortium of architects lead by Victorian firm John Wardle Architects, alongside Tasmanian firms 1+2 Architects and Room11.

Principal John Wardle said the new student services and library building, which will form stage one of the campus, was inspired by the deep history of the existing site and UTAS' vision to create a contemporary university for the city and its regions.

"Our design has been driven by a sense of discovery, and the excitement of remapping a historically significant part of the city, with its old industrial railyards and riverside setting," Mr Wardle said.

"The precinct plan responds to the university's remarkable ambitions to create an important site of learning and community, one that resonates with a rich history of industrial endeavour and to advance the idea of an utterly contemporary learning environment."

The new designs for stage one of the Northern Transformation project's Inveresk campus were revealed by UTAS on Friday, as well as its plans for a staged progression of the campus.

The library and student services building will be located near the Annexe Theatre and will join to an existing 'stone building' that now houses the Academy Gallery and creative arts.

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Mr Wardle said it was important the designs reflected the university's vision of a place with a global outlook while still preserving the unique qualities of the site.

"The creation of a campus spine and the genuine layering of Indigenous place-making that reveals and celebrates local Riuwanna culture formed vital considerations," he said.

The master plan also offers sustainable travel options, car parking strategies and a focus on the "walkability" of the site, with direct links to Launceston's City Park.

Mr Wardle said those considerations enhanced the site's accessibility and encouraged visitation from the general public to use shared community spaces embedded in the overall site.

"New campus buildings are strategically located within and in between existing campus facilities to amplify the shared educational, artistic, cultural and sporting opportunities of the precinct," he said.

The student and library building has been described as the "centrepiece" of the precinct and is a central player to creating a unique student experience in the heart of the precinct.

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"The library's sawtooth roof lines and industrial materials ensure a playful and vital dialogue with existing Launceston landmarks is created and maintained," Mr Wardle said.

JWA principal Jane Williams said the design had been informed from three fronts.

"Firstly, in response to the UTAS vision of a university for a city and its regions; secondly, we have listened to the community and thirdly, what this distinctive and remarkable site offers," she said.