Stroud District Council will discuss the future of the land at Wallbridge near Brewery Bridge.
The recommendation to the Strategy and Resources Committee is that the a retail scheme would attract the highest market value for the space – up to £200,000.
Stroud Town Mayor Kevin Cranston says such a decision would be against the residents’ wishes. A retail scheme would be of no help to the existing traders in a town with numerous empty shops.
The Town Council carried out a public consultation about the piece of land with 80% of residents stating that they strongly felt the 0.4 acre area should be public space.
“The Town Council has consistently argued for this area to be a public amenity that everyone can enjoy and our public consultation reflects that this is of the majority of our residents. It is major gateway into the town and should not spoiled with inappropriate development,” said Cllr Cranston.
“To go ahead with retail development would go against residents’ wishes. The report states that there is a funding shortfall forecast for the completion of the canal project.
“While the Town Council is a strong advocate of the canal I would be concerned that it is at the cost of valuable public space in the town centre and at the gateway to our town.”
Stroud District Council is acquiring two parcels of land at Wallbridge as part of Gloucestershire County Council’s agreement to contribute land which would benefit the Council’s canal project.
The Strategic and Resources Committee meet on Thursday.
Two years ago the Town Council campaigned for Wallbridge to be closed to through traffic and develop it as an open space.