Negotiations have begun with what's termed 'a preferred developer' interested in one of the government's contentious vacant sites.
Talks over the Summerland site, on the northern end of Douglas Promenade, are now underway after a shortlist was whittled down to a single name.
At this time no further details have been released but we do know the company is not Manx based.
Infrastructure Minister David Cretney.
Peel Road closed to traffic coming out of Douglas
It's due to a road traffic collision near the Brown Bobby
Preston man banned from the Island for five years
Mohammed Enayet convicted for breaching immigration laws
Commissioner can't investigate health complaint
Not all internal avenues have been exhaustedÂ
Still a 'huge stigma' preventing men opening up about mental health
Calls for more investment to prevent people reaching crisis point