PLANS for a large development incorporating a 24-hour Tesco in Highams Park could be approved as soon as next month.
The supermarket giant is hoping the proposal, which includes 260 homes, seven shops, an underground car park and office space, will be considered by the planning committee on July 21.
Tesco have been handing out cards in the area, which invite residents to declare their support for the development.
But Chingford MP Iain Duncan Smith claims Highams Park will “die" if the proposals were approved. Residents' groups, the Highams Park Society, the Highams Park Forum and the Highams Park Residents' Association have also expressed opposition to the plans.
Graham Reeve, vice-chair of the Highams Park Forum, said: "We are still concerned with the scale of the store.
"We feel it is not appropriate for Highams Park. As we said at the public inquiry we would welcome a store half the size.
Tony Ayodele, store manager and director of Budgens in Larkshall Road opposite the proposed store, said: "There are at least five or six Tescos within a 1.5 mile radius of my store. Why do we need another Tesco?"
Mr Ayodele plans to spend £100,000 on upgrading the store.
He said: "When I took over I was told the Tesco plans were rejected so I was shocked when they reapplied. I'm concerned that the money I will spend will go to waste."
Mr Ayodele added: "I will certainly celebrate if Tesco get refused planning permission."
But some traders are in favour of the proposals believing that the new store will bring in new business.
Frank Bright, owner of the Corner Cafe, is supporting Tesco's plans to build a supermarket.
He said: "I have always been in favour of a Tesco and especially now because it would bring jobs to Highams Park.
"It will take a few years to build but the builders will contribute to the local economy.
A Tesco spokesman said: "From our point of view we are looking forward to going to the planning committee.
"The store will regenerate Highams Park. We are still keen to get the views of local residents and are carrying out our own consultation process."
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