The Infrastructure Minister says he's "reasonably confident" plans for the Lord Street bus station site will now go ahead.
In the House of Keys this week Ray Harmer faced questions from North Douglas MHK David Ashford about the former bus depot - it's currently being used as a car park.
Mr Harmer said a potential developer had come forward and the department was in the process of finalising proposals.
And he said after so many false starts in the past he's now hopeful work will begin soon:
Who missed school because of storms?
How many teachers and students missed school because of severe gales in February?
Mountain Road closed for hill climb
Part of the Mountain Road is shut today as the Manx Classic Hillclimb continues.
Prom steps unsafe for Tower of Refuge walk
The annual walk out to a Douglas landmark will take place tomorrow.
Can the government earn its Stripe?
An Onchan MHK will quiz the Island's enterprise minister about bringing a payment processing company to the Island.
Houses plan for former nursing home
A former nursing home in Douglas, which was to be converted into more than 30 apartments, could now be transformed into townhouses.
New Wetherspoons to open at 8am every day
The Island's new Wetherspoons will keep its later opening hours - and open from 8am every morning.
Dozens of telegraph poles needed for Peel fibre network
Manx Telecom says it wants to put up dozens of new telegraph poles in Peel as it rolls out its fibreoptic broadband network.
Homestay deadline runs out next week
Time's running out if you want to rent your home to TT visitors this year.
