Since the late 1990s, there have been plans for a new 20,200-seat stadium at nearby Great Coates – tentatively titled the Conoco Stadium after a naming rights deal with the American energy corporation ConocoPhillips. There have been numerous delays to the development of the new stadium. The plans have been met with resistance from many residents of the local area surrounding the proposed stadium site, but other factors have also slowed progress. One of the most notable difficulties for the club was in demonstrating how it planned to finance the scheme. As a result, they later amended their proposal to include a retail park on the site, which would help to fund the development. This raised other problems, due to a rival proposal by the property developer Henry Boot, who are continuing with plans for their own retail park, which will be in direct competition with the Grimsby Town site and which has also been approved by the local council. Henry Boot attempted to have the football team's development plan stopped, by asking for it to be sent for judicial review by the Government, however their attempt failed. Currently, the Grimsby Town stadium development proposal has satisfied all the conditions that were imposed by planning officials and consent for the project has been granted. Initial estimates had suggested that the club would be able to move to the new stadium for the start of the 2011–12 season. However, as a result of the ongoing global recession, the club has halted all progress on the new development and it is unlikely that any work will begin until an upturn in the economy.