Hundreds of millions of pounds could be pumped into building projects in Dundee over the next four years.
The council’s capital plan for 2014-2018 proposes a £270 million pound investment across a range of sites in the city.
Under the plan, £55 million will be injected into the schools building programme to build new primary and secondary schools, along with refurbishments at existing schools across the city.
The state-of-the-art regional performance centre for sport is also earmarked for a £5 million investment, while enhancements are proposed for leisure centres and social care facilities.
Meanwhile, the cost of the city’s new railway station has ballooned from last year’s estimation of £14.9 million to £21.9 million.
However, council finance spokesman Willie Sawyers said this would be offset by increased rents at the new Sleeperz hotel, which is set to occupy the building.
Council leader Ken Guild said: “This new plan is proof of our ongoing efforts to help protect jobs and grow the local economy.”
A report into the plan states a “significant portion” of the spending will be financed by borrowing.
It suggests borrowing of a total of £113 million will take place over the next four years, although much of this is expected to be recouped.
Mr Guild added: “We are investing millions of pounds into building projects in communities across the city, with this significant programme which shows our ambitions for Dundee.
“We will do everything possible to encourage local companies to bid for work on council contracts and provide employment and training opportunities for local people.
“Along with the redevelopment of the Central Waterfront, with the V&A and a new railway station, this investment underlines our commitment to help create prosperity for the city.
“You can see change happening on a major scale at the Waterfront as real progress is made in this transformational project.”
Landmarks such as the Caird Hall and conference facilities at Shore Terrace will also see improvements under the proposals.
The capital plan will be considered at a special meeting of the policy and resources committee next Thursday.