Chief Minister Allan Bell says the application for a substantial business park opposite the airport is "exactly the sort of development" which is wanted in the area.
The company that owns Shoprite has put in for planning for a development which includes buildings for new technology companies, accommodation for corporate headquarters, a hotel and internal access roads.
But Mr Bell says the development will have hurdles to overcome before it comes a reality . .
Ayre and Michael MHKs request meeting with commissioners over rates
Areas see the biggest jump in rates Island-wide
Mountain Road remains closed
Route due to be reassessed this morning
Data breach impact rises sharply as cyber incidents affect thousands on Isle of Man
Information Commissioner says fewer breaches were reported in the third quarter, but large-scale cyber incidents meant far more people were affected
Heritage campaigner's awareness leads to 'red flagging system' at Amazon
The booklets were found for sale online and included photographs unrelated to the Island