The 92,000m² steel-framed leisure scheme will include a 12-screen cinema operated by Cineworld, 13 restaurant units and 420 car park spaces. The site will be situated next to the existing Drake Circus Shopping Centre.
Construction work is expected to start on site this coming summer, following completion of Plymouth City Council’s new coach station, which is currently located on the site. The scheme is expected to open in Spring 2018.
British Land Retail Development Director David Pollock, said: “It is fantastic to have planning consent and continue the scheme’s exciting momentum.
Councillor Brian Vincent, Cabinet member for the Environment, added: “This scheme will transform this part of the city centre and create a major leisure destination that will bring visitors flocking.”
Greg Lumley, Centre Director for Drake Circus Shopping Centre, said: “We look forward to Drake Circus and the new scheme helping make the city centre an even more vibrant leisure destination for the region.”