Savoy Cinemas has submitted a planning application to West Lindsey District Council for the multiplex, along with three commercial units and car parking on the Lindsey Centre site, in the Market Place, which was vacated by Oldrids in early 2018.
Council leader Giles McNeill said: “This demonstrates that West Lindsey continues to be a great place to invest, and the development has the potential to provide a much-needed addition to the evening economy offer for the town.
“It will boost footfall by around 120,000 visits a year which will benefit existing local businesses, create new jobs, deliver an improved leisure offer for people.
“It is a key milestone in our Invest in Gainsborough journey, which we started in 2016 with the launch of our investment brochure and our ambitious £18million regeneration plans.”
Project leaders claim the cinema development would create 25 new jobs as well as provide a big financial boost.
The applicant says the plans have been designed to complement the existing conservation area and listed buildings. If permission is granted, Lincolnshire Co-op’s travel branch and the Post Office would be relocated elsewhere in the town centre before work potentially started in May, for completion within 12 months. Application 140235 is available to comment on via the council’s website or the Guildhall.