The city centre masterplan details how the area will be developed over the next five to ten years. It plots out the connections between improvements to the environment and transport and development schemes in the city centre.
Nottingham City Council also plans to expand the centre by opening up development sites on its eastern edge. Proposals contained in the masterplan include redeveloping the Old Market Square, creating 12 additional public spaces and building a square on the site of the Trinity Square car park.
The Turning Point scheme to allow only buses and taxis on the streets around Trinity Square will be completed and the second phase of the city's tram scheme started. The construction of a centre for contemporary arts on Garner's Hill will begin in 2008, according to the blueprint.
The council also schedules an expansion of the Broadmarsh shopping centre and work to develop empty land on the city centre fringe in 2011. Developing the 270,000m2 Island site into a mixed-use quarter will kick-start the transformation of the east side of the city, it says.
Portfolio holder for development, land and regeneration Alan Clark said: "We hope that this masterplan will inspire investors, developers and architects to commission and design buildings and public spaces that enliven and enhance our city."