Progress made on the South Shields 365 regeneration masterplan will be outlined to councillors this week.
Members will be given an update on how the council and its development partner Muse are delivering the town centre vision, which was launched in January last year.
The ambitious £100m project aims to make South Shields a year-round destination for cultural, leisure and retail activity for residents, visitors and businesses.
At a meeting of full Council on Thursday, they will hear how plans are taking shape for the New Central Library and Digital Media Centre, improvements to Market Square, a new Integrated Transport Interchange as well as retail and leisure facilities.
Members will be updated on how properties are being acquired in the town centre and how work is continuing with local businesses to support them if they wish to relocate.
Councillor John Anglin, Lead Member for Regeneration and Economy, said: "This is an exciting time for the town centre as the Council and Muse are about to submit planning applications for the new Central Library and Digital Media Centre.
"The scheme will breathe new life into the Market Square and forge strong links with Harton Quays Park. It will also drive additional footfall which will benefit local shops and cafes through additional spend."
Work on phase one of the ambitious project could begin as early as January next year.
Press and members of the public are welcome to attend the Borough Council meeting which will be held at 6pm on June 26 at South Shields Town Hall.
A further update on land and property acquisition will be presented to Cabinet on July 2.
Cllr Anglin added: "The Council has contacted businesses in the town centre which are affected by the regeneration proposals and is actively seeking alternative accommodation for those wishing to relocate.
"This is a period of significant change and we are working closely with local businesses to help deliver our vision for a thriving and sustainable town centre."