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
Celebrations are underway in Bristol as the Old Vic turns 250 years old.
Police say cyber crime in Avon and Somerset is almost doubling every year in the force area.
A postman is walking one of the earliest postal routes to celebrate 500 years of Royal Mail & raise money for charity.