Last week, Bolton Council approved plans for the redevelopment of the former Crompton Place Shopping Centre in the town.
The scheme, called Bolton Works, would comprise 200 homes, up to 20,000 square metres of office spaces, a 135-room hotel, a large food hall, and retail and leisure facilities.
According to the planning committee report, the applicant, Bolton Regeneration Limited, sought permission for the demolition of the shopping centre, along with 29 related properties.
The officers' report said that the development, which would stand directly opposite Bolton Town Hall, would provide economic and social benefits.
Planners advised that the development would create a "new urban form and destination" in the town centre, and would result in "transformational change to the character and appearance of Victoria Square and the surrounding conservation areas" without competing with the historic elements of the town's skyline.
According to the report, the current Crompton Place Shopping Centre is "an inward-facing development with little aesthetic or townscape value".
"Its replacement with a development that recreates new streets through the area that are similar to the former historic street pattern would have an overall beneficial effect on the townscape of the area," the report said.
It also noted that the development would "increase and reinforce the visibility" of the Grade II listed town hall.
The report concluded that Crompton Place has the potential to make an "enormous contribution to the vitality and viability of Bolton town centre".
Bolton Council's deputy leader, councillor Martyn Cox, said: "This is a major milestone for Crompton Place, which is a fundamental part of our £1.5bn town centre masterplan.
"These plans will create a destination which combines town centre living, retail and leisure in a top-quality environment. It means new homes, new jobs, and new businesses coming to Bolton."
Hive Land & Planning is the planning consultant for the development.