Tesco regeneration subsidiary Spenhill has submitted a planning application for a £150 redevelopment of Trinity Square in Gateshead.
The application follows the signing of a development agreement between Spenhill and Gateshead Council last month.
The Tesco proposals include a new town square, 45 retail units, offices, a student village with over 900 beds, town centre parking and a Tesco store as well as the potential for a hotel.
Pedestrian links will integrate the town centre with the quayside.
Demolition work is already underway on the site, with the multi-storey car park made famous by the Michael Caine film Get Carter due to be knocked down later this month.