Around 100 jobs will be created once a £13 million scheme in the centre of Castletown is completed.
The Callows Yard project aims to regenerate the ancient capital, bringing in more shoppers and improving trading prospects.
Director Roy Tilleard says the development is progressing well.
Island's credit rating unchanged
But Moody's highlights labour shortage as challenge
'Multitude of late boat arrivals' impacting customer numbers, says business
Technical issues on the ferry resulted in papers arriving late on the Island yesterday
Calls for 'transitional protections' for migrants on five-year immigration path
Campaigner: "The impact here will be very different to the impact in the UK"
Broadband provider's licensed revoked by CURA
Opti-Fi Limited failed to submit regulatory information and pay annual licence fee
