Is this the end of the road for Preston Youth Zone?
Lancashire County Council has been on the hunt for operators to no avail.
The issue is due to be discussed at a cabinet meeting next week.
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Hide AdCoun Geoff Driver CBE, leader of the county council, said: "We're disappointed that no organisations or businesses applied to operate this youth zone, which aims to provide high-quality services for young people.
"We've looked carefully at our options for the project, in order to decide what happens next.
"The redevelopment of the bus station has already transformed this iconic building and the surrounding area, benefiting people who use it and increasing access.
"Any decisions that are made by the cabinet will need to continue the improvements that have already taken place in this area of the city centre."
The cabinet will consider the future of the project at a meeting on Thursday, August 9.