The group that has bought the Villiers site in Douglas says it signals their ambition to develop projects that benefit the whole Island.
Along with that location, Tevir Group also recently acquired the Castle Mona Hotel and former Zurich House in the town.
The organisation says this will 'ultimately benefit the local business community, residents and the broader economy.'
The Villiers site includes Villiers House, Clarendon House, a development plot and the area known as the 'town square'.
Warning over parking suspensions for King's visit
Police are warning anyone parking where they shouldn't before the King's visit tomorrow may find their car towed away.
Peel residents outraged over toxic powder spread near young gull
Residents in Peel say they've contacted police after toxic powder was spread along a street to discourage seagulls.
Commissioners tackle beach rubbish after online criticism
Ramsey commissioners say they've listened to public criticisms about litter and bins at one of the town's beaches.
This year's bookings will be honoured, says closing venue
A hospitality business in Douglas says it'll shut down at the end of this year.
Noel tackles charity car wash for Autism Initiatives
Noel Edmonds has been showing off his car-washing chops, to raise money for a good cause.
TT legend's bike could fetch up to £55k at auction
A motorbike ridden by TT legend Mick Grant on the Mountain course could fetch up to £55,000 at auction later this month.
Southern road temporarily closed this week
A road in the south of the Island is temporarily closed this week.
Number registered with GPs has risen by 1.7 percent
Health Minister Claire Christian says the number of people registered with Island GPs has risen by 1.7 per cent in the last three years.
Comments
Add a comment