Government and interested parties have been consulting over £20 million hotel plans for the Langness Peninsula.
The former Castletown Golf Links Hotel site is the subject of designs being drawn-up by a London-based architect and site owners, construction firm, Dandara.
An initial consultation has already taken place - and the company insists stakeholders are expressing an interest for the area to be redeveloped as soon as possible.
The Southern Area Plan dictates that the site could become a hotel if it's 'commercially viable to do so'.
A Dandara spokesperson says for that to be the case it needs to be accompanied by residential development.
A planning application for the project is expected to be submitted later this year.
Man admits to drunk and disorderly allegations in court
43 per cent of survey respondents recommend Island for a holiday
Moorhouse to ask about effect of Tesco on Shoprite charities
Manx Utilities seeks approval to store hazardous material in former amenity site
Social Security launches new messaging platform
Wildlife Park donates £4,000 towards saving Humboldt penguins on World Penguin Day
No plans to showcase Manx produce at new L'pool ferry terminal
Sights Matters IOM's headquarters turns 21 today
