The redevelopment of Leicester's indoor market hall has received a £2 million EU funding boost.
The cash has been awarded to the city council to help pay for the demolition of the 1970s building and the creation of a new public square.
It means proposals to build an extension to the Corn Exchange as part of the second phase of its £7 million market development can go ahead.
City mayor Peter Soulsby said: "This is a milestone moment for the redevelopment of Leicester market.
"The award is a tremendous boost. It means we can extend and maximise the opportunities presented by this scheme and extend the Corn Exchange without spending more than we have in the budget."
The announcement of the European Regional Development Fund funding coincided with work on stage one of the scheme - the construction of a food hall - reached a key stage .
Nine wooden beams were erected on Monday and yesterday, following completion of the steel structure at the weekend.
"We want Leicester Market to be a must-see attraction," said Sir Peter.
"This award means we can progress our most ambitious plans for this scheme and create something the city can be proud of."
The wooden beams were shipped from Denmark. Contractors worked through the night to put them in place.
Sir Peter said: "The food pavilion will now begin to take shape rapidly. It's been a dramatic and very exciting couple of days."
Project manager Gavin Colton, of construction group Kier, said: "This has been an extremely difficult nut to crack.
"It's taken four months of planning to overcome the technical challenges of getting these huge beams all the way from Denmark into a very confined site at Leicester Market."
Once complete, the glass, steel and timber pavilion will house fish and meat traders.
Work will then begin to demolish the indoor market and replace it with an open space.
Trees will be planted and play equipment and seating installed.
A statue of Alice Hawkins will commemorate the suffragette who made many of her speeches from the steps of the Corn Exchange.
Other additions will include a cafe or restaurant rooftop terrace.
The public have been invited to comment on the proposals.
"Feedback has been extremely positive and there was strong support for the scheme from the people who came along," said Sir Peter.
A planning application is to be submitted for the extension to the Corn Exchange in the next few weeks.
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