Treasury Minister Alex Allinson says rents at a new development in Douglas will be enough to cover the costs of the building.
He faced questions in Tynwald this week from Douglas Central MHK Chris Thomas about Thie Clag, the former nurses' home on Westmoreland Road.
Dr Allinson said Cowley Groves had been appointed to let the apartments and retail units at the site.
And he added rents have already been set for the building:
Arabic interpreter needed for court
The Island's courts say they're looking for someone who can speak Arabic to help in proceedings.
MHK takes exception to "clowns" remark
An MHK's blasted a parliamentary colleague, after he seemed to call Tynwald members "clowns".
Two weeks left for free manx.net emails
There's just a fortnight left to move your manx.net email address before it's suspended.
Three bribery cases and 11 thefts reported to Treasury last year
The government saw a rise of more than 20 per cent in financial irregularities reported last year.
Government media and marketing staff queried
An MHK wants to know how many marketing staff are employed across the government.
Port St Mary pups hoping to raise a fur-tune for RNLI!
Port St Mary's most pup-ular residents are being featured in a special fundraising calendar.
No contaminated baby milk at hospital, says maternity unit
The maternity unit at Noble's Hospital is reassuring parents after a baby milk safety scare.
TT-themed puzzle book launched
A new book is hoping to challenge motorsport enthusiasts with 37 puzzles - one for each mile on the TT course.
