New drawings have been released, showing proposals for a significant overhaul of Great Yarmouth's marketplace.
The main feature is a timber framed roof covering the entire market, with fixed units of two different sizes.
Great Yarmouth Borough Council (GYBC) have committed £2.5m to the project, and are bidding for Government funding to make up the rest of the cost.
In a joint statement, the leaders of the Labour and Conservative groups said the area was ready for regeneration.
Cllr Carl Smith and Cllr Trevor Wainwright said: “The current outdated market canopy, dating to 1992, is beyond its designed lifespan, while the utilities are complex and congested.
“We are very excited about the updated designs, which will mean a brighter, more inviting market in the heart of the historic Market Place, helping to support the market itself and our regeneration ambitions for the wider town centre."
Current stallholders have been consulted on the plans over the last 18 months, with concerns raised about them having to vacate premises while the work takes place.
But GYBC said the works will be carried out over two phases, meaning traders can remain on site throughout.
The new market would offer opportunities for pop-up events, performances and exhibitions, according to the council.
Construction is pencilled in to start in the winter of 2020, however full funding and planning approval are both required before it can begin.