The developer behind a £100m Anglesey marina says all applications will be submitted before the end of the year but that the Covid-19 pandemic had "fundamentally changed the outlook" of the economy.
Conygar Investment Company is behind the development which includes 326 homes, a 500-berth marina, retail, leisure, restaurants, hotel and office space on Newry Beach in Holyhead.
There is a separate scheme to which was destroyed by Storm Emma in March 2018.
It today released its interim results and projected outlook.
They said the company was well placed to weather the storm from coronanvirus with total cash available of £36.1 million and no debt.
It reported a loss after tax of £1.5m in the six months up to March 31.
But its confidence of progressing projects this year has been hit.
Robert Ware, chief executive of The Conygar Investment Company, said: "We believed the outlook for the economy was positive following the general election at the end of 2019 and were looking forward to progressing our projects.
Most Read
"The Covid-19 shutdown has fundamentally changed the outlook, and it is neither possible nor sensible to attempt to predict the future. No one can be certain of the impact of the virus on the carrying values of our development and trading properties at this time.
"However, as a business with low overheads, no debt and a strong cash position, Conygar is well placed to weather the downturn which has already begun.
"We will monitor opportunities in the marketplace carefully as they will undoubtedly appear in the coming months. At the same time, we are well placed to advance our projects and hope to make announcements later this year to that effect."
On Holyhead marina, he added: "We continue to work on the detailed design and reserved matters application in tandem with the marine consenting process. We expect to submit all applications by the year end."
Conygar reached an agreement in 2018 with ferry giant Stena Line to take full control of the waterfront project, which received outline planning permission in 2012.
Supporters of the project believe the waterfront scheme will help regenerate the port town while opponents say it will wreck the waterfront for local people.