But DED rejected plans for theatre trust
Local bids to run the Villa Marina and Gaiety Theatre will be welcomed by the Department of Economic Development - despite rejecting a plan to establish a trust for stakeholders.
The DED says it's currently making arrangements to seek out a contractor for the complex in the coming months.
Currently there are three UK-based parties showing interest.
But Minister Laurence Skelly says local stakeholders are being taken into account: