Culture chiefs want to follow up the success of the V&A museum by opening a multi-million-pound concert venue and conference centre in the city.
Dundee Technology Park on the west side of the city is one of the council’s earmarked locations for the facility.
Dundee City Council has held talks with prospective private sector partners about a 6,000 capacity arena, to consolidate the city’s growing reputation as a cultural destination.
The local authority’s executive director of city development Mike Galloway said it was vital to maintain the momentum generated by the opening of the V&A.
“The important thing is whether we can get a facility like this from the private sector or is it a facility that needs huge pump-priming from the public sector,” he said.
“If it is the latter, it will be difficult to do at this point in time.
“We’d rather have a private sector and we’re talking to a few people who could do something commercial with music events and the conference market.”
Council leader John Alexander said the authority was “actively” working on proposals.
Asked about potential locations, he said: “If you’ve got the vision, you can deliver it in a number of locations.
“It could be along the Waterfront or it could be on the outskirts of the city – the technology park is a potential venue.
“There are a number of different areas in the city that are either vacant or with enough vision could deliver something of that magnitude.”
There are still several sites available in the city’s £1 billion regeneration programme.
They include District 10 at Seabraes, and Site 12 and Site 17 along the Waterfront, although those areas are currently reserved predominantly for commercial, retail and restaurant use.
Craig McLaren, director of the Royal Town Planning Institute Scotland, suggested the most likely location for such a venue would be the city centre.
“A key thing to consider is accessibility to a building like that,” he said.
“You need good public transport links such as bus stops and train stations to encourage as many people as possible to take public transport.
“Every city is different and each project has different implications but you will always need to think about the environmental impact and the impact on people living close to the development.
“Of course, some people are always going to drive a car but with these sorts of venues a lot of the events happen in the evening, so there will be more spaces at city car parks a short distance away.
“That’s why you find a lot of these things in city centre locations.”