Douglas City Council says it has accepted an offer for a landmark site in the heart of the capital.
The local authority placed the Lord Street flats on sale in November and have announced today they have accepted an offer for the site, subject to contract.
It says proceeds from the sale will be reinvested into future housing projects for Douglas.
The details of the offer are commercially sensitive but the Council says it will release more information when the contract is completed.
Cregneash bus campaigners hold meeting
Campaigners demanding the return of a bus service to one of the Island's best-loved beauty spots will hold a coffee morning later this month.
Silt at new Liverpool ferry terminal means sailings rescheduled
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Minister defends Manx Care mandate consultation
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Prescription mistakes under the spotlight
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First cruise ship of the season this weekend
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South African immigration company applies to be dissolved
A company that helps people move from South Africa to the Isle of Man has applied to be dissolved.
Council plans to keep off the grass!
The grass will be greener in Douglas next month - as the council leaves it alone.
Tynwald Day stall application deadline approaches
There's still time to be part of the island's national day festivities this summer.
