Plans have been put forward to redevelop the Grade II-Listed Hippodrome site in Brighton into an eight-screen cinema, restaurant and retail destination as part of an £18m investment.
Alaska Development Consultants is believed to be in talks with Brighton & Hove Council to restore the former venue, which would be integrated with the adjacent 15,000sq ft Dukes Lane shopping arcade.
Chris Moore, the development manager for Alaska, said: “We feel privileged to restore this much-loved and threatened landmark, securing its future and presence in the city for many years to come.
“The building has a fantastically rich and varied history and our vision is to write the next chapter of its ever-changing story.
“This unique restoration project will revitalise a popular tourist attraction for the city whilst creating hundreds of much needed jobs, both in the construction phase and its operation when complete.”
The Hippodrome, which was built in 1897, is currently leased to Academy Music Group.