The draft City Centre Plan, which sets out the proposed vision of how and where the city centre will develop in the next 15 years, was discussed by Cabinet at a meeting.
Members welcomed the plan and approved the launch of a six-week public consultation in the New Year.
Councillor Marco Cereste, Leader of Peterborough City Council and Cabinet Member for Growth, Strategic Planning, Economic Development, Business Engagement and Environment Capital, said: "I am incredibly excited about the way the city centre has developed in the last few years and you only have to visit on a weekend to see what a difference it has made. We have a more attractive city centre which in turn has attracted some great new shops and restaurants and lots of new shoppers.
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"The growth we have encountered is just the start and this plan, once completed, will ensure that we are growing in the right way, to meet the needs of our growing population now and in the future.
"The vision is a city centre which strengthens its status as a regional destination for shopping and leisure, one which is easy to walk around and is well connected, with a thriving riverside complete with restaurants, bars, housing and leisure. Key to this is creating a sought after city centre which also includes high-quality housing and jobs.
"When the consultation starts in the new year I urge people to have a look at the proposals and let us know what they think. After all, it's your city centre so this is your chance to let us know what improvements you’d like to see."
The plan splits the city centre into eight areas, including the former district hospital site, the city centre core and the south bank. For each area, it sets out a vision and a description of the development which the council would like to achieve. These new developments will be a mix of new shops, offices and homes as well as continued improvement to the public realm of the city centre.
(CD/GK)
