Plans for the Crescent, an £80m ($123.8m) regeneration project in the town of Hinckley in Leicestershire, UK, have been approved.
Developer Wilson Bowden is developing the scheme as part of the The Tin Hat Regeneration Partnership, a joint venture between Centenary Ashcroft, Sainsbury's and Cineworld.
The Crescent will involve the construction of a new bus station, supermarket and multiplex cinema in Hinckley.
Stuart Bray, leader of Hinckley and Bosworth Borough Council, said that the scheme will also include a bowling alley, cafes and restaurants, 18 shops and a car park.
Work on the scheme is expected to start in 2012 and is due to be completed by 2014, according to constructionenquirer.com.