A company that wanted to redevelop landmark building on North Quay in Douglas says it'll sell the building.
Kelman Limited is registered in Parliament Street in Ramsey, and owns the Newsons building on the quay.
It had applied to demolish the building and replace it with 10 apartments and three restaurants, but had the plans turned down.
Now, it says it'll put the site - in a conservation area - on the market, saying until planning laws are changed it won't invest in the Island.
Onchan Raceway to stay open with new lease
Jobcentre can't stop ads being doubled up
Deposits are biggest barrier to getting on property ladder
Vegan beauty salon up for sale
Committee says more housing needed for young people
Half of broken defibs now working
Cider microbrewery planned for Ballasalla
Covid wrongful arrest and torture claims thrown out by court