Property developers Harworth Group and Dransfield Properties have formed a joint venture to deliver a £50m mixed-use development in Yorkshire.
The project, part of the Waverley regeneration area, will provide 70,000 sq ft of retail space, a 24,500 sq ft food store, a hotel, a medical centre, office space and a transport hub.
Shops, restaurants and cafes will be set around a central car park, alongside landscaped areas and public realm.
A planning application for the 4.9 ha project will be submitted this spring.
The Waverley regeneration scheme is one of the largest brownfield redevelopment sites in the North of England.
The site is already home to the Advanced Manufacturing Park (AMP), which includes manufacturing space for companies including Rolls-Royce and Boeing, as well as 600 homes.
Over the next 15 years, Harworth plans to build another 3,400 homes on the site alongside one million sq ft of additional manufacturing space.
Harworth Group chief executive Owen Michaelson said: “We are delighted to partner with Dransfield for this significant development on our flagship site, given its track record across the UK and its absolute focus on quality.
“We expect the local centre to become central to the Waverley community, as it co-joins the AMP and the residential area, offering a range of essential facilities and bringing hundreds of job opportunities to the region.”