Neptune Developments will submit a detailed planning application for the second and final stage of its £45m regeneration of New Brighton at the end of December.
The main mixed-use building in the second phase will feature a 60-bed Premier Inn, a six -screen digital cinema, restaurants, bars and a Morrison's Supermarket.
There will be a large public area separating this building from the crescent-shaped second building fronting the existing Marine Lake which can be used for public performances.
The second building will border the western shore of the existing Marine Lake and features single storey restaurants and bars with a two-storey sailing school. A new purpose built pontoon will be created in front of the sailing school at the north west corner of the Marine Lake.
At the western end of the site will be a new public lido, sitting behind the new model boating lake. The area between the lido and the main mixed use building will provide a landscaped car park of 750 spaces to cater for the visitors who are expected to help the development bring in additional spend of over £21m a year to New Brighton.
Work on phase two is due to begin in March 2009 and will take approximately 18 months.
In the smaller first phase, completion is nearing on the new Floral Pavilion Theatre, built by contractor Kier North West and designed by renowned Liverpool architect Ken Martin.