Just under £300,000 of public money has been spent on failed development plans for the Lord Street bus station site.
Economic Development Minister John Shimmin revealed the figures in the House of Keys yesterday.
Onchan MHK Peter Karran wanted to know how much government had paid to developer Askett Hawk over the proposals to develop the area.
He wanted to know if any lessons had been learnt by government so that this situation didn’t happen again.
Mr Shimmin says the financial loss was down to a number of hurdles:
Road closures for Manx Motor Racing Club from next week
Dinner event raises over £3,600 for brain tumour charity
Man admits to assaulting police officer before Court
Ramsey's Roisin in the semi-finals of BBC One show
Help needed to care for birds at Nobles Hospital's aviary
Nearly two tonnes of meat thrown away so far this month at meat plant
ITV show featuring Samantha Barks won't return for second series
Douglas man who assaulted victim in own garden appears in Court
