The redevelopment of the Anglia Square shopping complex comes after £12.2m was allocated by the government.
The volume house builder in partnership with with landowner and retail expert Columbia Threadneedle submitted the outline hybrid planning application for Anglia Square, which also includes a 200-bed hotel and a new city car park, after two years of consultations with the city council.
It also includes a detailed application for the first phase of the 1.2m sq ft scheme.
Bob Weston, chief executive of Weston Homes, said: “Based on two years of extensive discussions with the City Council and local community the proposals for Anglia Square would transform it into a vibrant mixed use urban quarter. Bringing inward investment and job creation, the regenerated site would help to further enhance the local community and compliment the existing city centre.”
“Historically Anglia Square has been subject to several abandoned or stalled proposals.
“We are committed to changing this and providing a successful future for the site. The value we bring is the fact that Weston Homes is a highly successful house builder of 30 years standing and we have the track record and financial stature to deliver on the proposals we have now submitted to Norwich City Council.”