Supermarket giant Tesco has gained planning approval to develop a 53,000 sq m shopping and leisure centre in West Bromwich town centre.
Sandwell Metropolitan Borough Council has granted a hybrid planning permission for the 15.4ha scheme.
The new Tesco development will include a massive store, a multi-screen cinema, shops and petrol filling station in the 15 HA site.
It will involve the realignment of the Town Centre Ringway, a new public square and 1,900 car parking spaces for town centre shoppers.
Demolition work is already underway, and the superstore aims to complete the scheme by autumn 2012.
Nathaniel Lichfield and Partners were planning advisers for Texco, and Savills is marketing the retail and leisure opportunities.
It would include new roads, covered by canopies, and, according to Tesco, will create 2,000 new jobs.
Tony Fletcher, corporate affairs manager for Tesco, said: “This represents a major milestone towards the reinvigoration and regeneration of West Bromwich in a tough economic time.”