NOW that the city centre transformation masterplan has been adopted, Portsmouth City Council will wait for developers to come forward before further action is taken.
And as is standard procedure, public consultations will be carried out before plans are decided by the council.
But Tory transport spokesman Councillor Luke Stubbs said most of the masterplan ideas will not become a reality in the near future because of the downturn in the economy.
He said: ‘Most of the ideas may not ever come to light, but we have to look at every possible option and you never know what is going to happen in the next 10 or 20 years.
‘The economy is slow at the moment and many will think it’s too risky to build and develop big buildings and flats at the moment.
‘Everything needs to be done right.
The things I want to see happening as a result of the masterplan is more people living within the city and more businesses locating there too.’
Councillor Eleanor Scott, cabinet member for environment and community safety, said: ‘If you don’t have aspirations then you won’t get anything done.
‘You’ve got to think big and be optimistic that things will happen.’