Both developments are estimated to be in the region of 拢12m and will include new shops and retail space for cafes, restaurants and car parking.
One of the schemes is being led by Kier Group. This is for a nine-screen Odeon cinema complex, to be built on land south of Wolverhampton Street, adjacent to a new Premier Inn hotel.
A similar-sized Vue cinema is planned by Midlands-based Cordwell Property Group, for opposite the Tesco store at Wisemore, known as the Littleton Centre.
Walsall's last town centre-based cinema closed in 1993 after being housed in the old Woolworths building at the top of Park Street.
Councillor Adrian Andrew, deputy leader and regeneration portfolio holder, said: "This is fantastic news for Walsall. I've been working for many years to secure a cinema in the Town and we now have the possibility of there being two operators.鈥�
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