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:
Island residents beg Aldi to open IOM store
Dozens of Island residents are begging a German supermarket chain to open up on the Isle of Man.
17 questions and one new law for Keys
The House of Keys sits later, with 17 questions and one new law up for debate.
62 babies born last month - including a set of twins
The Jane Crookall Maternity Unit says a total of 62 babies were born last month.
Manx-owned plane could be next Air Force One
Media reports in the US say a contractor's been appointed to refurbish a Manx-owned aircraft to become Donald Trump's next Airforce One.
Minister's money-saving mission queried in Keys
How much money has the only Island minister without a department saved the government since he was appointed?
'Cool capital' Douglas celebrated by UK travel writer
Douglas has become a cool capital city, according to a UK newspaper's travel writer.
Access road to shut after TT for drainage work
The TT access road will be closed for drainage works this summer.
Hot weather heightening wildfire risks, says DEFA
The Department of Environment, Food and Agriculture is warning of the risks of wildfires in the hills, forests and glens.
