Plans to revamp and expand Spalding’s Holland Market have been revised due to the “tough economic environment”.
Owners Corbo had big plans for the site, which were believed to have included a supermarket and new retail units, but have revealed the plans are now being revisited.
However, Holland Market manager Michael Moran said the company was still committed to investing in Spalding.
He said: “We recognise Holland Market needs to be better integrated with the town centre and we are now trying to work out a plan that would achieve that, but the economic environment has changed since we started this process so the plans needs to be revised.”
Under the original scheme, Corbo was looking, in conjunction with South Holland District Council, at the possibility of moving the bus station, possibly to Swan Street.
He said: “The bus station is a matter for the town and the council but we think it is probably in the wrong place and needs investing in. Ideally it would still be part of our plans.”
The Holland Market site is currently home to chains including Marks and Spencer, Argos, Halfords, B&Q and Wilkinsons.
Mr Moran said: “Fundamentally Spalding is an important part of Corbo’ portfolio and as a major landowner we have an interest in improving Spalding.”