Plans to redevelop a run-down part of Birmingham's Eastside district have been submitted to the city council.
The £350 million proposals will see the transformation of the former Parcelforce depot, near Millennium Point, into offices, homes and a hotel.
The scheme will also aim to extend the city centre's entertainment district with the building of new restaurants and bars. The developers behind the 1.4 million sq ft project, Curzon Park, submitted an outline plan of the scheme following a round of public and stakeholder consultation.
Andrew Scrivener, a director of Grainger plc which is behind the venture, said: "There was a huge amount of support for the proposal with people welcoming it as a major step forward on the process of regenerating Eastside.
"I hope that people will welcome the fact that we have now submitted an outline application for this important and strategic site."
The developers aim to use cash generated through the project to improve the historic Curzon Street Station.
It is also hoped 7,000 jobs will be created by the scheme, which includes a 160 bedroom hotel and 500 city living apartments.
The development, on a 10.5 acre site bordering the main railway line, will form a spectacular gateway to a new City Park.
But the executive director of planning consultants CB Richard Ellis, Stuart Robinson, said the proposals for City Park may need to be amended to cater for more pedestrian links at the development.
He said: "We are conscious that the City Park scheme has been submitted for approval in outline.
"Whilst we support this in principle, working on the basis of good pedestrian links between our site and Millennium Point, we would expect the links to integrate with the rest of Eastside.
"The lack of connection is particularly true in terms of linking Millennium Point with Curzon Street Station, arguably the two most important buildings in Eastside.
"In our experience, regeneration is all about the integration of an area's attractions and animating public space by creating interaction between the various activities in an area. Whilst we find that there is much to commend in the current design of the proposed City Park, the design needs to address this issue of integration more fully."
Land occupied by the vacant depot is regarded by the council as particularly sensitive since it is seen by thousands of people each day entering and leaving New Street.
It is also the biggest single undeveloped area remaining in Eastside, although substantially smaller than the wholesale markets site expected to be up for redevelopment in the next five years.
Andrew Bowe, from CB Richard Ellis's Birmingham office, said: "We are proposing a mixed use scheme but it is only at the early stage at the moment so it is as flexible as we can make it. We have not worked in every detail."