Sefton Central Labour MP Bill Esterson said he is confident that Sainsbury's will invest in Crosby Village, after meeting with the supermarket's chiefs in Parliament.
During his meeting, Bill was told that while the Crosby store is not a current priority for the company, they will be looking at the long term future of the site.
Sainsbury's broke off their discussions on the future of Crosby Village last year, but after meeting the company's property development director Philip Bell-Brown and head of mixed use development Jamie Cowen, Bill Esterson said he was more confident than ever that the supermarket giant will get back around the table.
The Labour MP said: "It was a very productive and engaging meeting.
"We talked about two things, the immediate future, including the current improvements to the existing store, and the long term future for Crosby Village.
"Sainsbury's made the point that Crosby is not their priority at the moment as they are developing in other places. But they have a valuable commercial interest here, which they are aware of. The company is still interested and I encouraged them to listen to the businesses and listen to the community.
"We all want the best for Crosby Village and Sainsbury's can be a part of that. They can, and do, benefit from their presence in Crosby Village. It is in their interests to help create a thriving town centre."
Bill said the vast majority of people in Crosby want to see Sainsbury's play a part in the regeneration of the Village.
Bill said: "Most people in Crosby want to see Sainsbury's developed further as part of the wider regeneration of the Village.
"Clearly the original plans were totally out of keeping with the character of Crosby Village.
"Many people I have met as part of my work looking at how we can regenerate the Village have innovative ideas which they would like to put on the table."
The MP encouraged the company to take on board the community's views and ideas while also addressing traders' concerns.
Bill said: "One of the issues I raised, was a concern brought to my attention by some of the traders about the fact that they are on short term leases. Sainsbury's have assured me they are very happy to talk to traders and potential traders, about providing them with a five year lease. Anyone interested should talk to their agent Steve Cowperthwaite at G.L.Hearn on 0161 829 7800.
"So I am very optimistic that they will speak to local traders, restaurants and bars, and Sefton Council in the coming months and years. I will keep the pressure on Sainsbury's and make sure that they do as they said they would.
"I am encouraged that they seem very open to listening to the businesses and working with them over the next few years.
"Because of the investment they have in Crosby, there will be a way forward where traders and residents can agree with Sainsbury's for a larger store that achieves what Sainsbury's wants and what the local community needs."