But first, developers need clearance for two vehicle crossings on the footpath out front, a planner associated with the project says.
Totara-Dunedin Properties Ltd has applied for resource consent from the Dunedin City Council for the next stage of development at 380-392 Princes St, which neighbour the historical Empire Hotel.
The application said consent was being sought to create two vehicle crossings which would operate as entry and exit points to and from the site in Princes St "if/when the site is redeveloped".
Graphics included in the application for the proposed access configuration indicated space for a "tour coach" or car.
"Such a development must have an off-street area to enable guests to come and go from the site.
"If off-street vehicle access is not available, the site cannot be developed for this purpose."
Cubitt Consulting director Allan Cubitt said the developers did not have any firm proposals as such, but apartments, hotels and motels were all being considered.
"But none of them are really viable unless you can actually get access off the road into the site.
"So it really is pretty broad-brush at the moment."
Totara-Dunedin Properties Ltd owns the properties at 380-394 Princes St and 11 Stafford St.
Some of the buildings had been in poor condition for years and dangerous building notices were applied at part of the site.
The council granted consent for their demolition in May last year, which was carried out by Scope Group from October through to February this year following a failed 15-year fight by heritage supporters to preserve the historic facades.
The consent requires demolition to be followed by construction of replacement buildings within two years, and if this cannot be achieved, a public "pocket park" would be created at the site until redevelopment begins.
The application said there were a number of constraints at the site that influenced its ability to be redeveloped.
This included its enclosure with existing buildings, including the Empire Hotel, the presence of "historically significant bread ovens" at 392 Princes St and the desire to retain the heritage facades on the adjoining site at 372-378 Princes St.