Luke Schepen, Progressive's national communications and public affairs manager, said a new fence replacing the wire mesh on the site served three purposes.
"Fencing has gone up to secure the site - good for safety, security and aesthetics," he said, but he could not spell out exact plans as these were still being discussed.
Progressive has already announced a Countdown store, which will be about 4000sq m and cost more than $30 million.
The site was excavated down so far to create levels for the new urban village with 1200 carparks but Countdown's new stores need only about 250 to 300 carparks.
About 40,000 cubic metres of fill might be needed. Andrew Drummond of Brian Perry said a standard truck could move about five to seven cubic metres so about 5000 truckloads would complete a job of that size.
Three years ago, Mr Drummond's firm worked with engineer Davis Langdon on the $13 million job which saw more than 100,000 cubic metres of earth removed and a 6000sq m concrete slab and underslab drainage laid.
Progressive will have to pump rainwater from the hole before work starts on the site, which is bounded by Williamson Ave, Pollen St and Crummer Rd.
SOHOLE TO NOHOLE
* Former DYC vinegar factory.
* Site of $250m failed project.
* 1.3ha site excavated five levels.
* $17m sale to Progressive in July.
* Countdown supermarket to rise.
* Work due to start next year.
* Initial work has begun.