A new Lidl supermarket on Kingsway East is scheduled to open in March 2020.
During a meeting of Dundee licensing board yesterday, the company revealed it expects the store to be open for business within two years.
Agent Andrew Hunter told the board the store would be the lynchpin of a multi-million-pound development that will include a coffee shop, restaurants and industrial units.
The development is planned for the site of the former ABB factory on Kingsway East, which has been vacant for 14 years.
Lidl’s plans were narrowly backed by Dundee councillors last June.
Mr Hunter said: “If the application is granted, the company is looking to open in March 2020. It is a £5 million investment by Lidl that will create 45 jobs.
“At the site, Lidl are the anchor tenants. If we don’t happen I don’t think many of the other operators will come afterwards.”
The licensing board granted the supermarket a provisional licence for off-sales, despite a rival Aldi supermarket operating less than 500m away.
The council’s over-provision policy on alcohol sales restricts the number of premises that can sell drink in a specific area. Last month the city council updated this policy to make it harder for businesses to get licences for off-sales.
Licences for on-sales, where alcohol is consumed on the premises where it is bought, are not subjected to the new rules.
The Lidl application and others considered by yesterday’s board meeting, were not subjected to the stricter conditions as the applications were made before the new plan was agreed.
The board also approved an application for Home Bargains to sell alcohol at its store in the Kingsway East retail park.
The shop, which will be based in the unit formerly occupied by Comet, is due to open in March.
The board also granted a licence for on- and off-sales to a new restaurant, Brassica, that will occupy units at the rear of the Caird Hall on Shore Terrace.
Operators also applied for a licence to sell alcohol on the pavement outside the café but a decision on this was deferred.