Four developers have lodged expressions of interest with the Queenstown Lakes District Council to take on the $20 million development of a 240-berth marina at Frankton.
The council last month decided to readvertise for developers to take on the project, despite Queenstown Marina Developments spending four years and more than $2 million securing resource consents for the project.
Council project manager Ken Gousmett said the council was happy with the response.
However, all of the expressions of interest had been sent back to the developers for more information.
A working party would meet in mid-November to shortlist developers, who would submit a preliminary design proposal before councillors selected the preferred company.
Queenstown Marina Developmentscompleted its resource consent for the 3870sq m onshore development and the 240-berth marina after lengthy Environment Court appeals were settled last month.
Mr Gousmett said councillors decided to terminate the agreement because the company had failed to meet a number of key requirements within the agreed 12 months.
After the council had extended the deadline to two and a-half years, the company had still not managed to complete its resource consent and had not secured a lease of the lakebed from Land Information New Zealand.
It had also not given the council sufficient information on how it would fund the project, he said.
Queenstown Marina Developments director Buzz March said he had submitted an expression of interest outlining the project for which his company had consent.
He was "hopefully confident" his company would be chosen to complete the project.
"We are in the best position of anybody. We are the only ones who are ready to go. It will take anybody else 18 months to two years to get consent. It took us four and a-half years," he said.
While he was "very disappointed" the council had decided to call for new proposals, he hoped to continue a close working relationship with it.
He was working on gathering all the information required by the council.