The 50-acre site, which is part of the enterprise zone, is currently home to the derelict former flour factory Millennium Mills, which closed in 1984.
It’s thought it will cost £1.2bn to redevelop the site and the proposal includes 228,570 square meters of commercial and retail space, and 126,440 square metres of housing.
There’s also plans to include education, research and innovation centres. Work is due to start in the next two years and a completion date of 2018 has been given.
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