Detailed plans to transform Bridgwater's Northgate site have now been submitted.
If approved by Sedgemoor Council there'll be seven screen cinema, restaurants and bars and units for other uses.
It's believed building work could start next June, with the site being open in Autumn 2021.
There's already a new Primary School on the site, with Aldi also planning to build a new supermarket there next year.
A spokesperson for Sedgenmoor Council said:"The scheme will comprise a seven-screen state of the art cinema operated by WTW-Scott Cinemas Ltd that will replace the existing Scott cinema nearby.
"Alongside the cinema, four restaurants and bars will also be built and negotiations with potential operators are currently well advanced and tenants should be announced by the end of the year. Above the restaurants, a multi-use unit will be available, that has potential for a number of different uses.
"Sedgemoor District Council will be funding the project as a regeneration scheme, as well as a long-term investment.
"Experienced architects, a design and property team comprising of Corstorphine and Wright, Aecom, Enborne Consultants and Montagu Evans have been appointed to assist Council staff in this new venture.
"The project is now well positioned and advanced in preparing for construction with detailed input into the design phases. A further report to Full Council will be prepared before the end of 2019 for authority to commit full development funding. It is anticipated that work on site could begin as early as June 2020 and opening in autumn 2021.
"Other elements of the Northgate scheme have so far completed with the construction of Northgate Primary School and Blake Car Park. Supermarket Aldi are committed to building a new supermarket fronting Northgate (road) with construction due to start in 2020.
"The final piece of the jigsaw will be enhancements and extension of Brewery Field and a consultation will take place during October 2019 to gather the thoughts of local people following which a separate planning application will be submitted."
To see the plans click here and enter planning application number 08/19/00166