.jpg)
A new hotel in Ramsey could act as a catalyst for the town, according to lead member for finance with the town's commissioners, Richard Radcliffe.
The contract to build a 30-bedroom hotel with a 45-seat restaurant and bar on Mooragh Promenande, on the corner of Park Road and Premier Road, was put out to tender last month.
The Grand Island closed nearly two years ago, and Mr Radcliffe says a new hotel would be a major boon:
Douglas City Council proposes city centre initiatives including sculpture and markets
Funding bid submitted for projects aimed at boosting footfall and supporting local businesses
Fewer property sales in January but average price rises
Latest figures show average property price at £341,000
Celebration of women in the workplace
Elevate You Awards returns
Doors officially re-open on newly-refurbished Whitestone Inn
Ballasalla pub has been closed for seven weeks
