Originally Posted by manthanr
Good advice. The only thing is that, the house has yet to be build so at the moment I can rearrange the location of permanent fixtures such as the fireplace without spending any money. As soon as the house is built, such major changes will cost me quite a bit.
Ahh, yes, that wasn't clear.
If it were me - I would leave the fireplace where it is in the plan, put the TV where you are drawing the fireplace.
I would also consider putting in a passageway/door/french doors from library to the family room.
draw some potential furniture placement on your plan and see how it works.