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
Alex Beresford has the forecast for Bristol, Wiltshire, Gloucestershire, Somerset and Dorset
Alex Beresford has the forecast for Devon, Cornwall, the Isles of Scilly, Somerset and Dorset.
The fathers of two families which swapped vastly different lives for the show 'Rich House, Poor House' have met each other in our studio.