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Hopes for a major leisure complex, to be sited on the former Summerland site in Douglas, have been dashed.
Talks between the Manx government and the Sefton Group have broken down, without agreement on the next crucial stage of the proposals.
John Moss reported live on the issue on Mandate at One:
Wind speeds over 100mph recorded on Snaefell during Storm Bram
Waves also measured up to six metres highÂ
Infrastructure minister thanks forecasters for Storm Bram warning
DoI began preparations ahead of peak of storm conditions
Housing schemes: Timeline given for potential changes as concerns raised over proposals for new arrivals
DOI member responds to questions over plans for Shared Equity Purchase Assistance Schemes
Clear up continues after Storm Bram
Several routes remain closed due to fallen trees and debris
