The developer plans to build a nine-screen cinema, an 80-bedroom hotel and restaurants in a single complex at the former bus depot site.
Subject to planning approval, work is anticipated to begin at the Feethams Leisure development early next year before opening in Summer 2015.
A spokesperson from developer Terrace Hill said: “Nando’s and Prezzo are confirmed as joining the scheme and the developer is in advanced discussions with a number of other well-known national leisure brands who are looking to establish a presence in Darlington.”