West Midlands-based Barberry is planning to build a 130,000sq ft supermark, gym and leisure facility with swimming pool at the Bishop Gate scheme.
Coventry City Council’s planning committee has already granted outline planning consent and if full planning permission is given, work could start on site before the end of the year.
Jon Bellfield, managing director of Barberry Developments which has its head office in Belbroughton, Worcestershire, said: “The Bank pulled out all the stops to enable us to exchange contracts within 10 days on the Royal Mail Sorting Office.
“We have since acquired adjoining properties. We are delighted with the progress we have been able to make in obtaining consent for such a comprehensive scheme and we are now in dialogue with several major retailers.”