Concerns have been raised over prolonged negotiations between the Executive Office and private owner over lands currently used for a bonfire in Derry.
The initial "Urban Village Initiative" was to include new houses, retail units, community and youth facilities and licensed premises - expected to cost in the region of £11million.
The bonfire site, which marks the Catholic feast of the Assumption of Mary, is expected to be lit on the recently cleared construction site at Lecky Road at 11pm on August 15.