Plans approved by the city council call for demolition of a portion of the center, former site of a HomeBase, an Edwards Theater and a Levitz Furniture store. Building 540,000 sf of new retail will be development firm Tone Yee and the developer, World Premier.

Wal-Mart would be the largest of two tenants signed at the property. Developers have been negotiating with electronics store Best Buy.

Built in the mid-1980s, the center is near Nordahl Road and state Route 78.

Wal-Mart still hadn't signed but could ink a deal within days, according to sources close to the negotiations.

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