Knockaloe Farm will be advertised to potential tenants in the near future - in the hope that someone will develop it for the benefit of the Manx economy.
That's according to the Department of Environment, Food and Agriculture which is holding a public meeting on May 19th to keep stakeholders updated to the progress being made.
The department stopped operating the 337-acre site in 2010 - it now wants someone to create economic opportunities there whilst recognising its history and heritage.
Firefighters tackle flat fire down South
The fire and rescue service dealt with a flat fire in Castletown earlier this afternoon
Weather warning for storm Dave this weekend
Ronaldsway Met office has issued a yellow weather warning for severe gales as storm Dave will hit the Island.
Roads to close for music festival this weekend
Roads in Ramsey will be closed for a day this weekend for a Manx music and dance festival.
How long do mental health patients stay in Manannan Court?
How long do patients generally spend in the mental health ward during a crisis?
Could you take over this former restaurant?
A former restaurant in the Villa Marina Arcade is up for rent.
Framework of new Sea Services Agreement ready, says minister
The infrastructure minister says the basic framework of the new Sea Services Agreement with the Steam Packet has been agreed.
Attorney General says he's stepping down
The Island's attorney general has announced he'll be retiring later this year.
Road closures in two towns for running event this week
Roads in two towns will close for a running event this week.
