Warrington Borough Council is looking for a development partner after approving plans for a £200m regeneration scheme.
The local authority approved plans for a 17-hectare scheme in the Bridge Street area of the Cheshire town, which will include a new market hall, shops, restaurants, a cinema, and other leisure facilities.
The development is part of a wider masterplan approved at the end of 2008, which includes new office accommodation for council staff.
Once a developer partner has been approved, the scheme will proceed to the detailed planning stage.
Councillor Bob Barr, executive board member for planning, regeneration and housing at the council said: "The aim of these proposals is to make Warrington town centre a high quality place to work, shop and relax for the benefit residents, business owners and visitors alike."