The 10,000 capacity stadium will be home to Castleford Tigers Rugby League Club. The shops will pay for it.
Lateral Property is looking to develop a site at Glasshoughton, next to Junction 32 of the M62.
GMI Construction is already lined up as contractor for the project. The aim is to start construction in summer 2015, subject to planning permission.
Got a story? Email news@theconstructionindex.co.uk