The team behind rejected plans to build a £110 million retail park and Marks and Spencer store at Coyte Farm say they are “weighing up their options” following a regroup meeting held yesterday.
Coyte Farm spokesman Simon Hoare said a number of options are being considered but no decision has yet been made.
“We met as a team and we went through a variety of options which we feel are in front of us,” he said.
“Further meetings are being held this week to decide how we will move forward.”
On Thursday members of Cornwall Council’s strategic planning committee rejected the developers’ proposal to build a retail park, Sainsbury’s supermarket and petrol station in St Mewan, near St Austell, by just one vote.
The controversial application, jointly submitted by Metric Properties, Mercian Properties and Sainsburys, has divided members of the community.
Supporters of the scheme say the park would create hundreds of new jobs, bring national retailers to St Austell and provide an economic boost to Cornwall.
However opponents argue Coyte Farm would divert trade from the town centre and put traders out of business.
Following Thursday’s decision the developers said they would not walk away from their vision for St Austell.
“We are very conscious of both the high level of support expressed before the committee on the proposal and we have been overwhelmed by the level of support and the reaction to the committee’s decision,” Mr Hoare added.