Cinema is planned for Wulfrun Centre.
A new independent 348-seat cinema is planned for Wolverhampton's Wulfrun Centre, A multi-screen cinema and restaurant would replace the former Argos store.
London and Cambridge Properties, the owners of the shopping centre, have submitted a planning application for a three-auditorium cinema.
The application seeks to change the use and layout of unit 74-78 within the Wulfrun Centre to include three auditoria, seating 164, 97 and 87 seats, plus 1,850 sq ft allocated for restaurant/food.
As part of the cinema proposals the external frontage to Cleveland Street would also be enhanced.
Andrew Barrett, retail director at Kingswinford-based LCP, said: "We're excited to unveil our plans for the future success of the Wulfrun Shopping Centre and bring a much-needed leisure facility to the heart of the city centre.
"We believe there's huge potential to create a stronger nighttime economy in the city and complement existing traders in the shopping centre."
The old Argos store has been empty since the retailer became part of the Sainsbury's superstore on the ring road.
The potential launch of the independent cinema comes as plans are progressing on bringing a national cinema chain to the city as part of the PS55 million Westside development.
The Wulfrun cinema could also provide competition for the long-standing independent venue and charity the Light House on Fryer Street, which has faced a battle to survive over recent years since losing a council subsidy.
LCP said the plan was part of a drive to attract more people to the Wulfrun. The cinema would also be used for community events and business meetings.
LCP has held discussions with several independent cinema operators.
The new independent cinema planned for the Wulfrun Centre