A packed public meeting in Castletown has been told boarding up could be a possibility for the Callow's yard site.
The gathering of around 200 people heard the developer's son-in-law say there appeared to be three possibilities; Residential planning permssion being granted, the development being sold or the site being boarded up.
John Moss was at the meeting.
Clip 1
Chamber of Commerce remains neutral on wind farm
The energy firm sponsored lobby group's 70th anniversary gala dinner
Bus services put 'at risk'
A reason for the potential disruption hasn't been given
Could treating more patients in UK be better value for money?
Former treasury and health minister keen to see more done to tackle healthcare spending
Motorbike rider taken to UK hospital after Mountain Road crash
Police still trying establish the 'exact nature and circumstances of what happened'