Warrington’s historic market will be demolished and replaced by a contemporary market, a key feature of an 8.4 acre shopping, restaurant and leisure site.
Around 400 jobs will be created by the development, set to finish in 2018.
A multiplex cinema and a civic centre are also part of the scheme, which extends from Bridge Street and across the Time Square development.
Coun Terry O’Neill, Leader of Warrington council, said a £400,000 programme of landscaping and environmental improvements is already underway on Lower Bridge Street.
Subject to consultation and planning approvals, the first construction phases will start in Autumn 2014.
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