Developing the demolished Summerland site for tourism or leisure use is the priority, the Tourism Minister has vowed.
In Tynwald, Adrian Earnshaw revealed he hoped to progress discussions with interested parties in the near future.
But he admitted there were no firm plans yet for the vacant site on Douglas promenade:
Hopes DOI and striking bus drivers could meet
Unite the Union members are about to enter a third round of industrial action
Blocked gullies found to be cause of Castle Street flood
Problems 'not linked to the sewerage system'
'Only a very small number' needing support cashing benefits cheques
Minister confident those yet to cash cheques can access payments
Samantha Barks throws support behind wind turbine petition
'Many of us believe this would permanently change the character of our Island'
Fire and Rescue Service respond to HGV incident
Driver was trapped due to injuries sustained in the collision