This is a very unusual engraving of a building that never was. Dated 1st May 1875 it was one of the Victorian proposals for the present day Rendezvous car park site. The intention of the development was to attract visitors who had arrived at Margate by sea on the end of the Jetty. Considering that Margate at the top of it's popularity there would have been a footfall of one million people using the Jetty in arrivals and departures, so development of this site was seen as viable. Up until the great storm of 29th November 1897 there was a lot of interest in the site, but the devastation of the Marine Palace during the great storm put of any potential investors off for good. Margate Museum does have some information on the Marine Palace site well worth a read.
On another point, I found this print strange because it is of a building that never was. I suppose when people in a 140 years time come across literature of the original Turner Center MK1 proposal they will be as equally mystified at a building that never was.