1. ITV Report

Planning application submitted for £25m Isle of Man 'Quayside North' complex

Kane Ltd say that the scheme will be one of the largest privately funded developments the island has seen. Photo: Kane Ltd

Over a hundred new jobs could be created with a major new development n the Isle of Man's capital.

Ideas for the 'Quayside North' complex were announced in February by American real estate group JLL.

They proposed to build just over 185,000 sqare foot an Omniplex cinema, Travelodge hotel, bars, apartments, restaurant and bus interchange at the Lord Street car park on North Quay, Douglas.

Both Travelodge and Omniplex have committed to 25 and 20-year lease agreements.

By the end of the planning period, it is estimated that almost £1 million will be spent, and £25m on the development itself.

Isle of Man-based Kane Ltd have said the complex will bring significant new employment and investment on the island, with the construction work to bring approximately 130 new jobs.

Once Quayside North is established, they say it is expected to support 110 full time equivalent jobs.

Work is due to commence as early as 2019, subject to successful planning permission.

Quasyide North artist impression from Douglas Harbour. Credit: Kane Ltd

Working alongside Aros Architects and supported by Deacon & Jones, we have developed a scheme of architectural significance.

A scheme that we believe will truly transform Lower Douglas and develop into a real asset for the Island’s community and burgeoning economy.

– Conor Bradley, Commercial Director at Kane Ltd

The redevelopment of the former car park on North Quay will provide a new cinema complex with 7 screens, an 80-room hotel and 20 dwellings overlooking the quayside.

In addition, at ground floor level, a mixture of new restaurant and retail units will attract established brands to the island.

At the centre of the proposals, a multi-storey car park will provide much needed public spaces in this highly accessible location.

– Simon Coles at Aros Architects