The infrastructure minister says proposals which may lead to the demolition and replacement of the Sea Terminal are due to be announced shortly.
The Cabinet Office is reportedly due to publish a master plan for central Douglas soon, which calls for the regeneration of that part of the town.
Phil Gawne says the ideas contained within the document will undoubtedly provoke strong reactions:
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TT 2026: Delay confirmed ahead of Saturday racing
A further update will be issued at 12pm
TT organisers announce revised Saturday race schedule
Senior race to be restarted over four-lap distance tomorrow (6 June)
TT campers in 'high spirits' despite rain affecting race week
'Costa del Ballaugh' one week, mud the next
Rider taken to Noble's Hospital after Senior TT red flag
Competitor 'conscious and talking' after incident at 11th Milestone