It's after a five year fight with planners over the development of the site
After a five year fight with planners, the owners of the former Newson's building on North Quay in Douglas say they're 'giving up'.
Kelman says it's decided to sell the property.
The company had wanted to convert the site into housing and retail units, but the plans were rejected for not providing 'sufficient justification for its total loss'.
"After five years of trying and a great deal of expense, we’ve decided to give up and sell the properties."
The warehouse dates back to the 1700s and is thought to be one of the last remaining buildings of that era on North Quay.
In a statement, Kelman says 'it's such a shame' as the development 'could have brought so much to the area'.
It says the proposed plan seemed to be 'exactly what the people of Douglas wanted', claiming more than 500 residents wrote in support of the project.
It also says the scheme appeared to fit the Island's economic strategy, but that the current planning legislation stands in the way.
Kelman says it will no longer invest in the Island unless that planning legislation is changed.
In 2022, both Douglas City Council and the Department for Enterprise backed an appeal against a decision not to approve the proposals.
Manx Radio has contacted the planning committee for a response.
Heart problems found in twelve who attend charity screening
Tesco apologises to residents over parking issues
Castletown Beach ruled out as landing option for wind turbines
Peel Commissioners says there are 'major changes' for the town in draft area plan
GP practice issues reminder after ten patients in one morning fail to turn up
Work underway to improve passenger verification at ports
