I understand, from speaking to the former MD, that there is currently no plan to rebuild. Alamanda had a condo like corporate structure with close to 30 owners and most did not have insurance. It will be difficult to get all those owners to reinvest. Ideally, someone will come along and buy out those owners and do a complete rebuild but I don’t expect to see it in operation as a hotel before 2020.

At present, however, several units on the second floor are occupied.