Plans for the Bristol Arena are expected to be approved at a city budget meeting tonight.
The £90 million venue next to Temple Meads would have a capacity of 12,000.
Work could start in January 2016 if the scheme gets the go-ahead.
The City Council has raised £53 million for the project and is planning to borrow the rest. The meeting will also debate cuts and a 2 percent rise in council tax.
More top news
Police are resuming their search for a man who was last seen swimming in the river in the Welsh Back area. Divers have been deployed.
In horrendous conditions at the Rec, Gloucester get hard-fought win over local rivals Bath at the Rec.
Catwalk ready - a meningitis survivor, prepares to perform for the South West's biggest fashion show.