Plans for the former Moorlands pub to be turned into student flats have been put on hold while the developers revise the plans.
The building, on the corner of Quarry Road and Dunbarton Road, was given planning permission in March for redevelopment as student accommodation.
But before the final legal documents could be signed, Zubeir Mister, who owns the site, withdrew the application.
Mr Mister, who is also behind several other city centre developments, said he expected to submit a new planning application later this month.
“We are looking a revising the scheme,” he said.
“It will still have student accommodation as the main feature but we might change the ground floor plans to maximise the use of the site.
“We think there might be other opportunities on the site.”
The building has already been cleaned and is now covered in scaffolding awaiting the next stage of the development.
“We are bringing a lot of historic buildings back into use that have fallen into ruin through years of neglect,” Mr Mister said.
Coun Keith Budden, chairman of the city council’s planning committee, said: “Planning committee resolved to grant permission for a change of use for the Moorlands Hotel at its meeting in March.
“This was subject to a number of planning conditions and also the signing of highway agreements.
“However, before the legal paperwork could be completed, the applicant decided to withdraw the application.
“An enforcement notice has therefore been issued which sets out the same conditions that would have been imposed on any grant of permission, had it been issued.
“This ensures that any use of the building complies with the planning conditions that the planning committee had stipulated in March.”