A $3 million commercial development including retail, fuel, accommodation and dining providers which had been planned for Cardrona village has been shelved.
However, a scaled-down version of the proposal is in the pipeline for another site about 100m down the road.
Auckland company Makaraka Estate is no longer proceeding with plans to develop a 5000sq m piece of land it owns on Cardrona Valley Rd just north of the Cardrona Hotel, which it bought from Mt Cardrona Station in 2010.
The company's proposal had included six pumps with petrol supplied by petrol Alley Services, a cafe with a museum and wine loft, a general store, a 16-room budget accommodation lodge, a commercial hire and retail centre for snow equipment and mountain bikes, a courtyard and picnic area.
A spokeswoman for the company's sole director, Gary McNabb, said the project was on hold but the company still owned the land.