Proposals for derelict land at Peel Park include a garden centre, hotel and retail development. Dobbies and developer JHAG have made a masterplan for the area.
Under plans to be submitted to the council, a hotel, supermarket and drive-through restaurants would also be built. Dobbies said the proposals could mean £50m worth of investment coming to the town. The proposals also include plans for allotments on the garden centre site.
Dobbies director of properties Stuart Wright said: "This is a fantastic opportunity to create something positive on this piece of land, which has been lying unused for many years. The Dobbies Garden World will create 120 jobs and with the adjacent supermarket and hotel development, and hundreds more local people will be given the chance to find employment.
"Local companies will also get the chance to supply us with goods and services, which helps sustain the local economy in a time of recession."
A public exhibition of the plans for Peel Park is being held at the Holiday Inn hotel on Stewartfield Way in East Kilbride.
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