Doncaster Council in the UK has approved the civic and cultural quarter project to be built in the town.
Development partner Muse Developments will start work later this month on the first phase of the project, which will involve new civic offices and retail spaces.
Business and Regeneration Cabinet Member Councillor Jonathan Wood said, "Moving many town centre-based staff and core council services into the new building will also free up sites that can be redeveloped. This is an important contribution to a scheme that brings about £200m of private sector investment into the town."
Construction of the new performance venue, first public square and other phase one elements will begin next year.
The first phase of development is part of the regeneration of the Waterdale area of Doncaster town centre.
New housing, refurbished southern multistorey car park and changes to the road layout are also part of the plan.
The project is supported financially by the European Union, as part of the European Regional Development Fund.