A multi-million pound revamp of Lincoln's High Street will begin once Next leaves its current premises.
The fashion retailer will depart the high street store in July when the lease expires.
A Next spokesperson confirmed: "Next will be leaving the premises in Lincoln High Street in early July due to the lease expiring and plans for the owner of the building to redevelop the property.
"However, Next are actively looking to secure a new city centre site at this moment in time."
The current site, which also houses Sundance Fair Trade, does not have disabled access and the layout does not suit retail.
All permanent members of staff at the Next High Street store have been reserved jobs at the retailer's other shop on Valentine Retail Park.
The Echo reported in October last year that River Island was lined up to move into the new three-storey building at 200-201 High Street.
Nobody from River Island was available for comment and it still remains unclear what the future holds for its current high street store.
Matt Corrigan, chief executive of Lincoln Big, is delighted part of the High Street is to be redeveloped.
"It is really good news to hear that such a significant investment is being made in high street retail in the current economic climate.
"It will create more retail floor space and opportunities so it can only be good for the city.
"It shows that bigger retailers want to have a presence on the high street."
While Mr Corrigan is pleased to see investment on the high street, he admits his disappointed at losing Next from the city centre temporarily.
"It will be a shame to lose a store like Next from the high street," he said.
"Their problem is the unit is just not big enough for them."