Original plans for the site neighbouring Slessor Gardens, first unveiled in 2020, were for a 4,000-capacity facility centred on the burgeoning esports market.

Dundee City Council entered into an 18-month exclusivity agreement with Northern Lights Arena Europe Limited (NLAE) that allowed the company to progress initial design concepts and gain strategic advice and expertise regarding the arena.

However, the new vision for the site will now focus on a venue for a variety of uses with around 1,000 seats.

The ballpark investment figure for the development, which now goes under the Dundee Arcadia banner, is £100 million.

Architecture practice Homes Miller, which is working with project partners and Dundee City Council to create the multi-mode digital arena, said the mixed-use development will cater for a variety of events from music & conferencing, to education & esports.

“Hotel, student living, and experiential dining make up the full development that aims to create a civic asset for a design and tech-led city,” Holmes Miller added.

Rob Proctor, the chief executive of Magic Box Zone, has been revising the strategy, which retains many of the cutting-edge tech elements of the initial plans.

He said: “Whilst esports are still a central pillar of what we plan to do, it would be fair to say we’re looking at a far more adaptable, multi-use facility.

“It will have around 1,000 seats instead of the 3,000 to 4,000 we looked at previously.

“We want to develop a site which will be used for 12 to 16 hours every day instead of being a big gaping auditorium that’s maybe used once a month for an esports event.

“A key element will be its use as a concert venue using the latest technologies.”

This technology will include world-leading streaming capabilities. While the venue may only have 1,000 seats, thousands more could also be watching at the same time.

A feature being developed is for the glass frontage on the first floor to be removable. This would allow bands to perform to outdoor crowds at neighbouring Slessor Gardens.

Mr Proctor said that as well as the arena there would be a number of ancillary buildings.

The exact mix of these has yet to be determined. However, it could involve affordable housing or student accommodation.

Mr Proctor said the group was in discussion with investors and a major construction company. However, he added he could not give a definite timescale.

He said he was confident funding would be found for the project, which is yet to start the planning process.