The chances of a memorial being built on the Summerland site will only become clearer once the site's future is decided.
That from Infrastructure Minister David Cretney, who was speaking after he was presented with a petition by campaigner Tina Brennan with almost 2,000 signatures on it.
It calls for a commemorative garden to be created there, and for the site to not be sold to property developers.
The government is in talks with a developer at the moment.
Mr Cretney says a memorial garden won't be built, but something to mark the deadly fire of 1973 could happen:
Clip 1
Bus station will not be moved to the Sea Terminal
Forum explores what domestic abuse looks like on the Isle of Man
MHK apologises to constituency colleague after 'parasite politics'spat
Noble's Park masterplan to enhance 'jewel in the crown'
