‘Advanced discussions’ are taking place with a ‘quality cinema operator’ and another fashion retailer for sites on The Moor.
The cinema operator is set to move into the new building to be created below Debenhams once demolition work is completed. It will also include numerous restaurants along with a relocated Primark store.
The restaurants and cinema will be expected to open in 2016 after Primark opens in 2015.
Kerri Hunter, deputy fund manager at Scottish Widows, which manages The Moor, said: “The Moor development will revitalise Sheffield city centre.
“We are working towards creating an area that provides a quality retail and leisure environment as well as an evening economy, which will increase dwell time and so extend shopping hours.
“Improved retail facilities will boost the potential for both day and evening custom – and encourage more offices and residential accommodation to be built.
“The Moor represents the first opportunity for many years to secure retail and leisure units accommodating modern requirements.”
Recent openings on The Moor include TJ Hughes, while a new Iceland and Poundland are being fitted out.