Plans for a new Broadmarsh car park and bus station have been approved by Nottingham City Council.
The new design was given the go-ahead by the authority’s planning committee on Wednesday (February 21).
It will be built in place of the old 1970s structure, which is currently in the final stages of demolition.
Rebuilding the car park and bus station will begin this spring, and will include new shops and landscaping. The design was approved unanimously by the committee.
The redevelopment is one part of a major project to transform the south side of the city centre, which also includes a £100 million redevelopment of the Broadmarsh Shopping Centre, which already has planning permission.
A new college will also be built on derelict land off Canal Street, and Collin Street will be pedestrianised.
The city council says the overall project will boost the city’s economy by £1.1 billion per decade, create nearly 3,000 jobs for local people and attract an extra three million people a year to the city, bringing with them an estimated £25 m increase in spending.
The application says: “This development of a much needed new interchange facility for Nottingham will provide increased efficiency in bus movement and deliver an enhanced user experience for passengers.
“Upon completion, the site will comprise of a principle interchange building, bus stands, car parking, new pedestrian and highways arrangements, hard and soft landscaping (as part of a separate application) and related infrastructure to service the interchange building.
“Commercial units are also proposed within the building’s ground floor levels, taking advantage of the heavy pedestrian footfall of this part of the city.
“A multi-storey car park above the bus station is also proposed allowing for an increased capacity and public car parking provision for this important location.”