But it has bought a 50 per cent stake in Booragoon shopping centre and will instead divert funds to overhaul it.
Mr Irwin acknowledged the large role the centre redevelopment played but said it was “just one component” of the vision.
“The deferred redevelopment will delay the full delivery of the shopping and dining street along Ellen Stirling Boulevard, which is part of the Stirling City Centre vision to enhance the vibrancy of the area,” he said.
“However there are other landowners that will deliver parts of the vision over time on Sunray Drive and Ellen Stirling Boulevard linking the shopping centre with the train station.”
He denied the shopping centre’s involvement was integral to deliver the project and said the City would continue to lobby for government funding for another cornerstone of the vision – a trackless tram along Scarborough Beach Road.