Harvest Court Mall owner Carl Angus put plans for a new "bulk retail" building on the central George St site on hold in 2009.
Yesterday, Mr Angus said the concept of redeveloping the rear of the site, which backs on to Great King St, was being considered, but he would not comment further as it was a bit "premature".
He directed the Otago Daily Times to Silver Fern Farms, which is a tenant of the site after selling it in 2008.
Silver Fern Farms chief executive Keith Cooper said he was aware ideas were being discussed but it was very early days.
Dunedin City Council resource consents manager Alan Worthington confirmed there was a resource consent for the development of the rear of the site, including removing an old brick building and putting up a new four-level building.
In Saturday's Otago Daily Times, Arrow International called for registrations of interest from building contractors and subcontractors for the construction of a building over four levels and a refurbishment of an existing structure floor plate in the central business district.
