Parts of South-east Birmingham devastated by last summer's tornado could get a £260 million makeover.
The city council has drawn up an improvement plan for Sparkbrook which would be Birmingham's biggest-ever inner-city renewal project.
The ten-year vision, transforming the heart of the Balti Belt, aims to tackle longstanding problems of unemployment, deprivation, crime, poor housing and economic instability while unleashing the "spirit of enterprise" among Asian communities.
But the scheme can go ahead only if the Government agrees to contribute £55 million toward the total cost. Private sector contributions of £100 million will also have to be identified.
The remaining £105 million would come from a variety of council and public sector grants.
Ministers have so far declined to offer financial aid to meet the £4.3 million cost to the council of clearing up after the tornado, which resulted in damage to 5,000 properties after 135mph winds ripped through South-east Birmingham. However, the council believes that a long-term regeneration scheme for Sparkbrook may be viewed favourably.
Outline plans for the £260 million scheme, covering all of Sparkbrook and part of north Moseley, are expected to be rubber-stamped by the council cabinet on Monday.
Mohammed Shafique, chairman of the Sparkbrook District Strategic Partner-ship, which has drawn up the action plan, said the aftermath of the tornado offered a chance to turn adversity into opportunity.
He added: "When the tornado ripped off the roofs of so many houses it exposed more than just the privacy of people's homes.
"It exposed the fact that the combined forces of poverty, unemployment, poor housing and ill health, compounded by discrimination, had severely eroded the personal and practical resilience of some sections of our communities."
The tornado had acted as a tremendous force in bringing Sparkbrook's diverse communities together with a determination to "break the vicious cycle of poverty", he said.
Mr Shafique added: "It is therefore not good enough to simply replace what was lost. Comprehensive renewal must be underpinned by a process for securing and embedding real and lasting change."
The aims of the ten-year plan include: the reduction of unemployment levels across the area to at or below the Birmingham average; an increase in income levels across Sparkbrook to at or above the Birmingham average and the promotion of measures to retain wealth within the local economy; the building of iconic landmark developments of regional and national significance; a reduction in crime and the fear of crime.
The renewal plan also promises an "unashamedly gender-biased approach" in favour of providing women with a comprehensive range of support for access to child welfare, education and unemployment.