Mall operator Sovereign Centros wants to demolish “most” of the buildings at 135 to 153 Argyle Street and replace them with a new “high-quality flagship retail development”.

The latest proposals follow plans to add a nine-screen VUE cinema at the centre and revamp the existing food court.

In its planning statement, commercial property consultant CBRE said that three operators were at an “advanced stage of discussions” about taking up space in the new units which have been designed by architects at Benoy.

It added: “The development proposes a sensitive restoration of the historic façade of the former St Enoch Picture House and secures its retention for the future in a use appropriate to the location for flagship retail users.

“The proposal to reconfigure the Argyle Street frontage of the St Enoch Centre is proposed with a view to improve the retail offer to this part of the city, and strengthening the role of the St Enoch Centre as well as Glasgow city centre itself.”

Paul Bailey, asset management director at Sovereign Centros, added: “The recent application to enhance holdings on Argyle Street forms a significant part of our ongoing business plan to provide bestin-class accommodation for our retailers and an enhanced customer experience.”

If the plans are approved, the new outlets are expected to open in 2019.