A project has now been revealed for a new casino complex on the Isle of Man, touted as one of the biggest developments in capital Douglas in decades. The plans were put forward by firm Altostratus Limited, and call for a three-story entertainment center, car park and offices.
The company also said it has agreed to buy the land for the project in the Middlemarch site provided the approval for its construction is granted. Should the project be approved, the Palace Hotel & Casino will look to move its gambling operation away from its current home on Douglas Promenade and into the new venue, according to chief executive Brett Martin.
"Douglas really as a town has not seen any major commercial developments for quite some time. I think this will probably be the biggest for a number of decades, and in an area that really needs development around the ferry port," Martin stated, according to BBC.
Altostratus's plan would see offices and a 250-space car park built, along with a three-story leisure and entertainment complex. The Palace Hotel & Casino would occupy two of the three floors, and also feature a sports bar, conference rooms and events areas in keeping with "all the stuff that goes with a modern casino," Martin added.
John Bell, from project designers ADG Architects, confirmed the Palace Hotel & Casino would be the site's main tenant. The new complex would "help link the growing leisure offering on the North Quay with the well-established shopping and business districts," he added.
Located between Fort Street, Lord Street, Walpole Avenue and Victoria Street, the 404 square-meter Middlemarch site is currently a temporary parking lot.