A number of options are under consideration
The Summerland site has 'laid barren' for too long, according to the chair of the Island's Destination First board.
Ranald Caldwell has confirmed there are interested parties looking at the site, and there have been talks with the Manx Development Corporation.
The leisure centre that formally occupied the plot was demolished almost 20 years ago.
Mr Caldwell says a number of options are being considered:
Festival of Motoring 'dream rides' take place today
Cars will be on Douglas Promenade between 12pm and 3pm
Drop-in session offers support for households ahead of rising winter costs
Support service says finances will be stretched for some over the coming months
Number of bus services 'at risk' today
No reason given by Bus Vannin
Check in advance which polling stations are accessible
Voters can now use any in their constituency