Originally published by iomtoday.co.im on 21st August 2008
By JOANNE CLAGUE
THE redevelopment of a landmark building has provided office and leisure facilities that set a standard for others to aspire to, according to Treasury Minister Allan Bell.
The scaffolding has come down from the Old Courthouse in Athol Street, Douglas. Mr Bell says it is a fine example of the kind of development he has been encouraging to bring business to the Island.
He said: 'I'm delighted to see the progress that has been made in restoring what is a landmark building in Douglas, with the provision of very high quality offices and leisure facilities. This is a major step forward in providing new standards for everyone to aspire to.'
He added: 'High quality office space is limited. The addition of the bar and restaurant in the same facility and of the same high standard adds a degree of sophistication for new business and people wanting to come here to work and live.'
Dandara is behind the development and says a crucial factor was to meet the needs of the business community. Director Joe McLoughlin said facilities in the new 28,000 square feet building consist of a restaurant and club over two floors and a further three floors of office accommodation, with basement level parking. The offices share a roof terrace and garden.
New building embraces the historic tradition
He said: 'Dandara is very proud to have designed and constructed this building which incorporates the original front façade into the new building and embraces the historical tradition of the old courthouse.
This one building fulfils three of the Island's current key needs as recognised by the government, the business community and Island residents in general. That need is for more quality office accommodation, a bigger diversity of leisure facilities and the provision of quality restaurant and nightclub venues.'
Confidence in economic future of the Isle of Man
He added: 'This major investment demonstrates the new owner's and Dandara's ongoing confidence in the economic future of the Isle of Man.'
The building has been empty for a decade. Work started in May last year and the scheme is scheduled for completion in the next few weeks.