The government is seeking expressions of interest in prominent quayside sites.
Developers have until March 13 to register an interest in the Lord Street and Parade Street car parks covering three acres of land. Any proposed development will be subject to planning approval, but a mixed commercial use, including leisure facilities, a hotel, shops and offices, is envisaged.
The sites are being marketed by estate agents Black Grace Cowley.
Infrastructure Minister Phil Gawne MHK said: 'We are seeking to encourage significant new investment in the town to support the Government’s national priority of growing the economy. This is an opportunity to develop a prime area in Douglas fronting the inner harbour and marina and close to the main shopping streets.'
- Watch our MTTV interview with Douglas MHK Chris Thomas on this story
tomorrow
Got a story? Contact Joanne on 340000 or email newsdesk@manx.net
twitter @jonewsiom
