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Plans move forward for new hotel development

Wed, 15 Jun 2011


The government is on the verge of completing an agreement with the developer who wants to build a new hotel on the old bus station site in Douglas.

Tynwald will be asked to approve a report on the Douglas Quayside Development Scheme next week.

It's been a long, drawn out process, with the government first deciding to lease the land to Askett Hawk Developments in 2008.

A four or five star hotel, shops, leisure facilities and car parking spaces are proposed for the site in Lord Street.

The report which will go to Tynwald contains details of the develpoment agreement.

Once it's in place, Askett Hawk will have to apply for planning permission within six months.

After planning approval, Askett Hawk would then have a year to enter into a building contract, arrange leases for half of the retail units and have an agreement in place with a hotel operator.

The report says there've been a number of hurdles to overcome, including a change in the government departments responsible for delivering the project.

 

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